Foster+Partners, a leading UK-based architectural firm, has announced plans to join Hyperloop One, the only hyperloop company in the world to successfully test its technology at scale, in developing high-speed, mass transit Hyperloop systems across Saudi Arabia.
A key component of the kingdom's Vision 2030, it will connect people and enable tourism across Saudi Arabia and the wider region.The formal announcement will be made at the third edition of the Future Investment Initiative (FII) which runs from October 29 to 31 in Riyadh, Saudi Arabia.
The FII is an international platform for expert-led debate between global leaders, investors and innovators with the power to shape the future of global investment.It is focused on utilising investment to drive growth opportunities, enable innovation and disruptive technologies, and address global challenges.
The third edition of FII will continue building active, global networks of influential decision makers to explore the emerging industries that will shape the global economy and investment landscape over the coming decades.According to experts, Saudi Arabia's Economic City Authority (ECA) is already working on a 35-km hyperloop technologies testing and certification track.
Hyperloop One had in July announced a development partnership with the ECA to conduct a study to build the world’s longest test and certification hyperloop track, as well as a research and development centre and hyperloop manufacturing facility north of Jeddah.The study will focus on King Abdullah Economic City (KAEC), located 100 km north of the Red Sea port of Jeddah.
Credit: Trade Arabia
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