January 29, 2019
The project billed as the world’s first commercial hyperloop system is on course to open its first 10km section next year in Abu Dhabi, United Arab Emirates (UAE).
In an interview Bibop Gresta, chairman of Hyperloop Transportation Technologies, told Emirates News Agency that the average cost would be $20-40m per km.
Despite the cost, he is confident that the scheme – which will eventually run for 150km between Abu Dhabi and Dubai – will pay for itself in “eight to 15 years”.
“It will be paying for itself