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Hyperloop could add $4 billion to Saudi GDP, says new study

Nov 2019

Hyperloop could add $4 billion to Saudi GDP, says new study

JEDDAH: A hyperloop in Saudi Arabia could add $4 billion to the country’s gross domestic product and create 124,000 jobs by 2030, according to the results of a new study.

A 35-kilometer test and certification track will be built 100 kilometers north of the Red Sea port of Jeddah, in King Abdullah Economic City (KAEC) by US tech transport company Virgin Hyperloop One (VHO), which commissioned the study.