Hyperloop One on Tuesday signed an agreement with Dubai’s Roads and Transport Authority (RTA) to explore high-speed routes in United Arab Emirates, reported Digital Trends.

The RTA runs all the public transport in Dubai and connects with the infrastructure of UAE and the Gulf region beyond.

The project will explore the possibility of getting from Dubai to Abu Dhabi in 12 minutes.

Feasibility study with the RTA is second agreement of Hyperloop One in the UAE, following the deal to explore a cargo system with DP World in August.

“Dubai makes perfect sense for Hyperloop One because this is the 21st century's global transport hub and its leaders understand that Hyperloop One is ushering in the next era of transportation,” said Executive Chairman Hyperloop One Shervin Pishevar.

Hyperloop, a brainchild of billionaire entrepreneur Elon Musk, will eventually travel faster than a speeding airplane at 700 miles per hour and has the ability to move humans and cargo all over the world in less than 24 hours.

Hyperloop is defined as an autonomous vehicle that uses electric propulsion to accelerate a slightly elevated passenger or cargo vehicle above a track, gliding it through a tube in a low-pressure environment over long distances. According to the startup, the system will "eliminate direct emissions, noise, delay, weather concerns and pilot error".

The startup is conducting economic and feasibility studies in the region with DP World ─ the third largest supply chain and terminals operator in the world ─ to determine the benefits Hyperloop could bring to the region in terms of trade and at what investment cost.