The tunneling company announced on Thursday it had signed a memorandum of understanding with Dubai transit authorities to explore the project.

Elon Musk called for the government to "delete entire agencies" at home and "mind its own business" abroad in a speech via video link to the World Governments Summit in Dubai.

Elon Musk's The Boring Company and Dubai's Road and Transport Authority (RTA) have signed an initial agreement to build the Dubai Loop, an underground high-speed transport network spanning 17km (10.6 miles),

Elon Musk has signed on to a new construction project in Dubai that will connect the city with dozens of underground roads. Musk's The Boring Company, which is responsible for building a similar project in Las Vegas,

The system is designed to transport more than 20,000 passengers per hour across Dubai. Elon Musk has described the planned tunnel network as a “wormhole” through the city. The Boring Company has yet to confirm which Tesla models will be used in the Loop.

Elon Musk and Dubai Loop. Musk announced on the final day of the World Government Summit, joining forces with the UAE’s Minister of State for Artificial Intelligence, Omar Al Ol

In an announcement of things that will definitely, for sure someday happen, Musk and the UAE’s AI minister Omar Al Olama unveiled this week plans for a new underground tunnel built by the Boring Company underneath Dubai.

The loop is a network of underground tunnels, similar to one being developed in Las Vegas, that allows passengers to be transported nonstop, in electric vehicles, to 11 stations.

Watch live as Elon Musk speaks by video call at the annual World Governments Summit in Dubai, United Arab Emirates.

The United Arab Emirates' Artificial Intelligence Minister announced the project on a video interview with Musk during the World Governments Summit.

Musk, speaking at an event in Dubai via video call wearing a T-shirt that read "Tech Support," quipped that he was wearing his "official uniform."

During a video address to the World Governments Summit in Dubai, Elon Musk advocated for entire agencies to be eliminated from the federal government. Photo: Amr Alfiky/Reuters