Dubai Raises $675mn For Tram Project
The proceeds from the dual-currency loan will be used to fund the first phase of t...he Al-Sufouh project.
Al Sufouh Tramway extends 14.6 km alongside Al Safouh Road, and the initial Phase envisages the construction of a 10.6 km-long track starting from the Dubai Marina and stretching up to the Tram Depot near Dubai Police Academy. The Tram network comprises 17 passenger stations,11 of which are covered under Phase I and spread across activity and population density areas along the tramway.
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