Hyperloop could create $10bn supply chain manufacturing ecosystem

Hyperloop has the potential to create a $10 billion supply chain manufacturing ecosystem in the Middle East, says Virgin Hyperloop One. The company says it could also improve safety, decrease pollution and reduce congestion, and adds that the United Arab Emirates (UAE) and Kingdom of Saudi Arabia are well-placed to benefit from disruptive technologies in transportation, with governments from both countries exploring autonomous pods, driverless cars and flying taxis. Amjad Almkhalalati, director
October 4, 2018 Read time: 2 mins

Hyperloop has the potential to create a $10 billion supply chain manufacturing ecosystem in the Middle East, says Virgin 8535 Hyperloop One.

The company says it could also improve safety, decrease pollution and reduce congestion, and adds that the United Arab Emirates (UAE) and Kingdom of Saudi Arabia are well-placed to benefit from disruptive technologies in transportation, with governments from both countries exploring autonomous pods, driverless cars and flying taxis.

Amjad Almkhalalati, director - operations, UAE, Virgin Hyperloop One, says Hyperloop can seamlessly connect to other modes of autonomous transportation. He adds that it will be faster than high-speed railway trains and will help reduce congestion in cities while making them more liveable and environmentally friendly.

The technology can create a ‘backbone’ for on-demand deliveries, supply chains and next-generation logistics: “A regional Hyperloop network could unlock billions of dollars in incremental economic growth, establish real exportable expertise, completely transform supply chains across the Middle East.”

Gulf Traffic - for which ITS International is producing Daily News - will take place from the 2-4 December at the Dubai World Trade Center and is expected to attract 3,000 industry peers from 50 countries.

The event will focus on artificial intelligence, road safety and future infrastructure and parking. It will also host presentations from local and regional government transport bodies which will include project updates, reform changes and on-going investment plans.

Exhibitors and sponsors include Siemens, Tesla, Ride with Via, Miovision, Watopedia, Kapsch, Borum, Transcore, PTV, Scansmart/Arvoo, Gridsmart and Sensys Gatso.

For more information on companies in this article

Related Content

  • Big wheels keep on turnin’
    August 21, 2018
    Many of the great and the good in the global mobility sector gathered at this year’s Movin’ On event in Montreal. Measured regulation of technologies and safety issues were major themes, reports David Arminas. *Bibendum is the original name for the Michelin Man, the symbol of the Michelin tyre company Autonomous vehicles, platooning, smart intersections and safety – these were the talking points over two-and-a-half days of the Movin’ On event in Montreal, Canada. Everyone in the mobility sector is at the
    Read More
  • Indonesia embarks on Hyperloop feasibility study in a bid to reduce congestion
    March 9, 2017
    Hyperloop Transportation Technologies (HTT) is to partner with private local investors and the Ministry of Transportation in Indonesia in a US2.5 million contract for the exploration of the feasibility for a Hyperloop system for Indonesia. The initial focus will be on Jakarta and a full exploration of Hyperloop transportation connecting Java and Sumatra. With a population of over 260 million, Indonesia is the fourth most populated country in the world. Jakarta’ population of over 10 million people faces
    Read More
  • Intertraffic Istanbul proves successful
    April 20, 2012
    The organisers of the sixth Intertraffic Istanbul event, which took place from 25-27 May 2011 in Istanbul Expo Center Yesilkoy, say that this proved a successful business platform for the markets of Eurasia and the Middle East. The trade show for professionals in infrastructure, ITS/traffic management, safety and parking The event doubled in size and visitor numbers climbed by over 30% compared with the previous event, which attracted visitors and exhibitors from around the globe. “Intertraffic Istanbul was
    Read More
  • UAE and Dubai Expo 2020 connect CARTES SECURE CONNEXIONS to the future
    July 9, 2014
    United Arab Emirates will be CARTES SECURE CONNEXIONS 2014 country of honour. UAE is a dynamic hub for global trade with exceptional infrastructure and offers enormous potential for the digital security industry. In addition, UAE will host the 2020 Universal Exhibition in Dubai – the World Expo - for which the central theme will be: ‘Connect minds. Build the future’. This project is completely in tune with connectivity issues faced by individuals and societies and is at the heart of future growth and sustai
    Read More

Highlighted Content