Executive Summary:
A famous turkish logistics company has signed Memorandum of Understanding with Etihad Rail of United Arab Emirates (UAE). The purpose of this deal to provide logistics solution for large scale energy projects in Middle East through modern rail transport system.
Important Points of This Partnership:
- Hareket is capable in lifting and transporting oversize and heavy equipment and machineries. Now Hareket will use its capability together with Etihad Rail.
- Both companies will develop such kind of techniques that heavy industrial cargo can be transported from one place to another place.
- It is cheap and reliable to transport heavy material through rail system instead of road especially when material is heavy weight.
About Hareket:
Hareket was founded in 1957 in Istanbul. It has engineering expertise in lifting operations in mega energy projects. It has $107.16 Million revenue in 2024. This company has already worked in UAE's Ramhan Island Bridge.
About Etihad Rail:
Etihad rail is UAE's own rail network which is 900 KM track. It has target to handle 60 million tons of industrial heavy weight cargo per year in 2030.
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