The separate Emirati and Saudi Hyperloop projects exemplify how nation-centric current infrastructure planning in the Gulf is, and how regional megaproject competition is helping nobody. The GCC needs to be more committed to economic integration and political coordination, which can be boosted by reviving and updating the ailing Gulf Railway venture.
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Internal competition and unnecessary megaprojects are drawing attention away from the human capital and technology expertise needed for the UAE to transition away from oil. (for Arabic version click here)
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Saudi Arabia’s Vision 2030 repeats old mistakes of relying heavily on new megaprojects and ignoring regional advantages in research and education. (for Arabic version click here)
Read my new analysis on the Gulf’s economic Visions on the Fikra Forum of the Washington Institute for Near East Policy: