Saudi Assistant Minister holds defense cooperation talks in Pakistan    GACA fines for civil aviation violations exceed SR5.3 million in Q1    NMDC showcases innovation and saustainability at AACE conference    Attack sends message to Iran but Israelis divided over response    Children among seven dead in Russian strike on Dnipropetrovsk region    US vetoes Palestinian attempt to gain statehood at the United Nations    Saudi Arabia expresses regret over UN Security Council's decision on Palestinian membership    Beijing half marathon: Top three stripped of medals after investigation    Taylor Swift releases surprise double album    Markets rocked as US says Israel has struck Iran    Centuries-old defensive moat and fortification wall unearthed in Historic Jeddah    Dhul Qadah 29 is the last day for Umrah pilgrims to leave the Kingdom 90-day duration of visa begins from the date of entering the Kingdom; Hajj Ministry clarifies    'Saudi hospitality sector to generate SR42 billion investments and 120,000 jobs by 2030'    Poignant shot from Gaza wins World Press Photo of the Year 2024    Saudi Pro League postpones Al-Hilal vs. Al-Ahli match; Al-Ahli rejects rescheduling    50% traffic fine reduction takes effect    Al Ain ends Al Hilal's record streak with a 4-2 win in AFC Champions League semi-final    'Zarqa Al Yamama': Tickets now available for Saudi Arabia's first opera premiering April 25    Turki Alalshikh announces groundbreaking 5 vs 5 Riyadh Season bout featuring international boxing stars    Diriyah Biennale Foundation announces shortlist for AlMusalla Prize, set to revolutionize musalla architecture    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia partners VHO for world's first national hyperloop study Al-Jasser commissions study to propel the Kingdom to forefront of transport innovation globally
Published in The Saudi Gazette on 06 - 02 - 2020

The Ministry of Transport (MoT) Thursday announced a contract agreement with Virgin Hyperloop One (VHO), the world's leading hyperloop company and under the partnership, VHO will conduct a groundbreaking pre-feasibility study on the use of hyperloop technology for the transport of passengers and cargo, laying the groundwork for a network of hyperloop routes to be considered across Saudi Arabia.
The study is the first at a national level to be carried out anywhere in the world and will examine viable routes, expected demand, anticipated costs and explore the socio-economic benefits of creating jobs and develop high-tech skills.
The study, which will serve as a blueprint for future hyperloop projects, builds on the developers long-standing relationship with the Kingdom, which peaked when Crown Prince Muhammad Bin Salman viewed VHO's passenger pod during a visit to the United States. The announcement is the latest in a series of existing partnership in the Kingdom that include MiSK Foundation, the Economic Cities Authority, as well as King Abdullah University of Science and Technology (KAUST).
Speaking on the announcement, Minister of Transport Eng. Saleh Bin Nasser Al-Jasser said, "Crown Prince Muhammad Bin Salman has outlined the role of transport in shaping the future of the Kingdom's economy within Vision 2030. As we enter a new decade, we intend to make rapid progress in building the infrastructure required to define mobility for the future, enabling the efficient movement of people and goods. With the transformative hyperloop technology, Saudi Arabia will not only unlock unparalleled benefits for its people and the economy but will continue to lead the region into an era of prosperity."
Building on Saudi Arabia's commitment to be a leader in the adoption and implementation of hyperloop technology, the agreement forms the foundation for creating groundbreaking transportation infrastructure that will transform Saudi Arabia's economy, enable the creation of jobs, and develop of high-tech talent.
Chairman of Virgin Hyperloop One Sultan Ahmed Bin Sulayem said, "Technology will continue playing a pivotal role in the progress and transformation of Saudi Arabia's economy — as part of this, Virgin Hyperloop One and the technology that underpins it will help shape the future of the Kingdom. Together with the Ministry of Transport, we are confident that hyperloop technology will transform the movement of people and cargo in Saudi Arabia and help realize the ambitions of Vision 2030. The evolution of hyperloop offers an unparalleled opportunity to shape a connected Saudi Arabia, linking cities and nations in the region via a variety of routes.
"The Virgin Hyperloop One system is real, rapid-speed, mass transportation. With the completion of more than 400 tests, VHO has positioned itself as the most viable option for investors, governments and businesses across the globe. Already, 17 states in the United States are exploring potential hyperloop routes. In India, we recently reached a milestone for Virgin Hyperloop One, signing a landmark framework agreement to develop the Pune-Mumbai Hyperloop Project," Sulayem added.
Having already attracted major investors from the UAE, including VHO's main investor, DP World, as well as others such as Abu Dhabi Capital Group, a hyperloop system would see passengers travel at speeds exceeding 1,000km/h, cutting the travel time from the capital to Jeddah to 46 minutes. Similarly, a journey from Riyadh to Qiddiyah would take only 5 minutes. While a trip from Jeddah to Neom could be completed in 40 minutes, and from Riyadh to Abu Dhabi in only 48 minutes.
Speaking about the transformation potential of hyperloop technology in the Kingdom, Jay Walder, CEO of Virgin Hyperloop One, said, "In line with Vision 2030, I am confident we will see the world's first commercial hyperloop within the decade. The Kingdom is on the forefront of this new era in transportation by being the first in the world to explore a national hyperloop route. The economic potential is enormous to connect passengers and cargo at unprecedented speeds with zero direct emissions. The system would be up to ten times more energy efficient than short haul flights and 50% more efficient than high-speed trains. In fact, a hyperloop in the region could be powered entirely by solar panels which cover the tube, making the technology hugely attractive to the sun-abundant Kingdom."
Speaking about the recent developments in the Kingdom, Harj Dhaliwal, managing director for the Middle East and India, Virgin Hyperloop One, said, "This new agreement with the Ministry of Transport in Saudi Arabia brings us one step closer to the realization of our vision for a ‘Connected Saudi Arabia' and a ‘Connected Gulf'. As the country's leadership embraces new and innovative technologies VHO is uniquely positioned as a forward-thinking transportation partner, engineered for the 21st century. VHO can connect major hubs in the country, and potentially the entire region, which supports the leadership's renewed effort to propel the Kingdom's economy to the forefront of innovation." — SG


Clic here to read the story from its source.