The Boring Company, owned by Elon Musk, has poured the first concrete on the groundbreaking ‘Dubai Loop’ project.
The foundations on the first phase of the high-speed underground transport system has been laid.
The primary objective of the ambitious development is to tackle urban congestion across the city.
As the population across Dubai has expanded rapidly over the last number of years, it has outpaced the existing infrastructure, but the Dubai Loop is seen as a gamechanger.
What is the Boring Company?
The Boring Company was founded in 2016, by the world’s first ever trillionaire Elon Musk.
He funded most of its early capital, and his other company SpaceX owns a minority stake worth 6 per cent.
