Dubai Signs Agreement with Elon Musk's Boring Company for Dubai Loop Project
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum has signed a contract with the Boring Company, an infrastructure firm led by Elon Musk, for the construction of the Dubai Loop project, as per a statement issued by the Dubai Media Office.
The initiative, a partnership between Dubai's Roads and Transport Authority and Musk's business, has a capacity to transport 160,000 passengers per hour and covers a distance of more than 100 kilometers (62 miles). The Dubai Loop will act as a high-speed public transit system.