RIYADH TO JEDDAH ONLY 76 MINUTES.
SAUDI ARABIA'S MINISTRY OF TRANSPORTATION AND VIRGIN HYPER-LOOP ONE HAS SIGNED AN AGREEMENT TO CONDUCT A PRELIMINARY STUDY ON THE USE OF HYPER-LOOP TECHNOLOGY IN SAUDI ARABIA.
THE MAIN PROVISIONS OF THE AGREEMENT INCLUDE CONDUCTING JOINT RESEARCH IN HYPER-LOOP TECHNOLOGY AND SCIENCE, AND PROVIDING TECHNICAL ASSISTANCE TO TRANSPORT PERSONNEL AND SPECIALISTS.
THE MINISTRY OF TRANSPORT AIMS TO PLAN THE FUTURE OF MODERN TRANSPORT SYSTEMS, FACILITATE MANY SMART TRANSIT ROUTES AND ATTRACT NEW TECHNOLOGIES.SAUDI ARABIA'S CROWN PRINCE, DEPUTY PRIME MINISTER AND DEFENSE MINISTER, CROWN PRINCE MOHAMMED BIN SALMAN, HAS VISITED THE COMPANY'S HEADQUARTERS IN THE US TO STUDY HYPERLOOP TECHNOLOGY.
TRANSPORT MINISTER ENGINEER SALIH BIN NASSER AL-JAZER SAID THE CROWN CLAIMANT'S EMPHASIS ON THE IMPORTANCE OF THE TRANSPORT SECTOR'S ROLE IN SHAPING THE FUTURE OF THE SAUDI VISION 2030 ECONOMY.
"VIRGIN HYPER LUBE ONE IS GOING TO MAKE ITS ROLE IN SAUDI ARABIA A REALITY THROUGH THE USE OF ADVANCED TECHNOLOGIES," SULTAN AHMED BIN SULAIM,CHAIRMAN OF THE BOARD OF DIRECTORS OF VIRGIN HYPER LUBE ONE, SAID IN A STATEMENT.
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