More than $200 billion will be invested in the GCC Rail project, providing a good environment to attract companies and capital to the region, the Omani Minister of Transport and Communications has said. 'Over $200 billion will be invested in over 40,000km of rail across the GCC. This provides a good environment to attract companies, manufactures, human resources and capital to the region,' said Dr. Ahmed Bin Mohammed Bin Salim Al Futaisi, opening the GCC Rail and Metro Conference 2015 in Muscat, Oman, yesterday. More than 500 representatives from 25 countries are present throughout the two day conference.