This International Company Wants to Build a High-Speed Transportation System in the Middle East To Reduce Travel Time

Via CNBC

In an attempt to bring Middle Eastern countries closer together, in terms of transportation, Hyperloop Transportation Technologies is studying a plan that sure will.

The leading transportation company just announced to CNBC, that they want to build a high-speed transportation system in the Middle East that can reduce the travel time between Dubai, Abu Dhabi, and Saudi Arabia.

“We conducted a first feasibility study. It was successful with the government of Abu Dhabi,” Bibop Gresta, chairman of Hyperloop Transportation Technologies, told CNBC’s “Capital Connection”.

According to CNBC; HTT is one of the companies developing the Hyperloop, a futuristic, super-fast transportation system. It would work by propelling pods, carrying people or cargo, through a large tube at speeds of 750 mph using magnets; it is seen as a solution to long-distance travel and also a means of alleviating congestion.

WE SAID THIS: We’ll keep you updated … Meanwhile, how long do you think it’s going to take them to get such a project up and running? 

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