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  • Writer's pictureTeam CargoTalk

Oman-Etihad Rail Company inks agreement with Brazil-based Vale



Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network and Oman have signed a Memorandum of Understanding (MoU) with the Brazil-headquartered mining giant, Vale, to transport by rail iron ore and its derivatives between Oman and the UAE, connecting Vale’s industrial complex in Sohar Port and Freezone to its planned mega-industrial complex in the UAE. With this MoU, both the parties will work to develop integrated logistics solutions that connect Vale’s industrial complex in Sohar Port and Freezone and ferry the firm’s iron ore products and derivatives to various factories and distribution centres. “The agreement is in line with our desire to continue to establish strategic partnerships with major companies in the UAE and the Sultanate of Oman, support economic growth, continued development and investment in both countries,” said Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure and Chairman, Oman-Etihad Rail Company.

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