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

  • New York to pump $51.5bn into transit
    September 25, 2019
    New York’s Metropolitan Transportation Authority (MTA) has proposed investing $51.5 billion in the city’s subways, buses and railroads over the next five years. Janno Lieber, MTA chief development officer, says: “The proposed capital programme will be truly transformational – more trains, more buses, more service, more accessibility and more reliability.” The 2020-2024 Capital Plan would put $40bn into the city’s subways and buses and $6.1bn for 1,900 new subway cars to help mitigate delays. MTA also wa
    Read More
  • ITS warms to Biden $621bn infrastructure plan
    April 1, 2021
    American Jobs Plan seeks to future-proof US infrastructure for the 21st century
    Read More
  • Optibus expands end-to-end platform with Control
    June 16, 2025
    Modular solution helps public transportation providers with live service delivery
    Read More
  • Towards intelligent road infrastructure
    October 8, 2021
    A digital transformation is happening in the world today and the result is that Europe’s transport infrastructure, and also the car industry are experiencing revolutionary changes. Jēkabs Krastiņš looks at the challenges and plots the road ahead.
    Read More

Highlighted Content