09 - 11 December 2019

Dubai World Trade Centre

"We Can Create a USD10B Annual Supply Chain Manufacturing Eco-System” says Virgin Hyperloop One

Dubai, UAE, 29 September 2018: According to Virgin Hyperloop One, autonomous transport systems have the potential to solve many of the region’s growing economic challenges such as improving safety, decreasing pollution, reducing congestion, increase traffic efficiency and create tangible billion dollar eco-systems specifically around supply chains. 

Speaking ahead of the Gulf Traffic Exhibition and Conference, which takes place on 2-4 December at the Dubai World Trade Centre, Amjad Almkhalalati, Director - Operations, UAE, Virgin Hyperloop One, says Artificial intelligence (AI) is an integral component of autonomous vehicles to ensure they function properly and safety, and is a key component to get right ensuring the systems becomes a reality in the coming years. 

The UAE and KSA are well-placed to take advantage of disruptive technologies in transportation, with both governments actively exploring a number of futuristic transit options, such as autonomous pods, driverless cars and metros, and flying taxis. According to Almkhalalati, a key advantage of hyperloop is that it is multi-modal, which means that it can seamlessly connect to other autonomous modes of transportation. 

One of the key areas of transportation where hyperloop technology can encourage further innovation is logistics operations — by creating a robust backbone for on-demand deliveries, supply chains, and next-generation logistics. A regional hyperloop network could unlock billions of dollars in incremental economic growth, establish real exportable expertise, completely transform supply chains across the Middle East and create thousands of jobs in manufacturing, services, finance, operations and education. According to analysis led by McKinsey, hyperloop can lead to USD10B annual supply chain manufacturing eco-system impact on a single regional GDP” said Almkhalalati.

“Our technology has the potential to revolutionise the way people commute, given its ability to cover long distances quickly. With speeds 2-3 times greater than high-speed rail and a more seamless, on-demand experience, it will positively impact various aspects of urban life once it is introduced. This will ultimately create cities with less congestion that are more livable and environment friendly” he added. 

Taking place across all three days of the exhibition, the Gulf Traffic Conference this year will focus on AI for Transportation (day one), Road Safety and Future Infrastructure (day two) and Parking (day three). Industry leading companies taking part in the free-to-attend conference include Virgin Hyperloop One; Road Safety UAE; IBM; Siemens; Volvo and Nokia.

There will also be a number of presentations from local and regional Government Transport bodies which will include project updates, reform changes and on-going investment plans. Confirmed to take part are the Ministry of Infrastructure and Development, U.A.E; Ministry of transport, KSA; General Directorate of Highways, Ministry of Transport, Maritime Affairs & Communication, Turkey and the Municipality of Amsterdam.When asked about the journey Hyperloop has been on so far, Almkhalalati commented;

“We are working to create a completely new form of transport, the first that the world has seen in more than a 100 year. Making this a reality requires the right combination of talent, technology, and business-case. Sci-fi writers and dreamers have long envisioned ways to travel at high speeds through low-pressure tubes. But an idea alone is not enough, it requires execution. Beyond the technology, we are also here to try and solve meaningful problems. Hyperloop has the potential to address several pressing global challenges that we are facing today. It can also unite communities in unprecedented ways and create highly competitive mega-regions capable of spurring innovation, business expansion, and job growth.”

Amjad Almkhalalati, Director - Operations, UAE

Virgin Hyperloop One