UAE: Etihad Rail suspends tendering for stage two
Construction Week can confirm that Etihad Rail has suspended the tendering process for stage two of the project
Etihad Rail has suspended the tendering process for Stage 2 of the UAE's railway network as it reviews the investment.
The state-backed firm, which is behind the construction of a new UAE railway network, is reviewing options for the timing and delivery of the project's second phase, according to a company statement.
Stage 2 of Etihad Rail involves the construction of a network in Abu Dhabi, connecting the Emirate's borders with Saudi Arabia and Oman – as well as connecting other areas within the UAE.
As a result of low oil prices hitting state finances, the UAE government has begun to slow some spending and review construction plans in certain areas.