MENA railway supply market set for growth despite doubts over GCC Railway Project.

GCC rail link in doubt but sector set to grow

Industry players are optimistic about prospects for the MENA region’s railway supply market, despite an ambitious link between six Gulf states being sidelined.

The World Rail Market Report, produced by consulting firm Roland Berger and industry body Unife, predicted the rail equipment market will grow by 3% annually until 2021, almost the same growth pace as Western Europe’s 3.1%.

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GCC rail link in doubt but sector set to grow

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