Dubai loop

The Series D funding values The Boring Company at $23bn and will expand its UAE partnership beyond the Dubai Loop project

Parsons has worked on transport infrastructure projects in Dubai since the 1980s and has supported the RTA since its establishment in 2005

The projects, led by the Roads and Transport Authority (RTA), aim to position Dubai as a global pioneer in smart and sustainable mobility

The project will covers 24 kilometres in Dubai, with a total cost of nearly Dhs2.5bn

The project is part of Dubai’s broader plan to innovate and evolve its transport sector through a network of advanced underground tunnels