Saudi Arabia has issued transaction advisory services tender for two railway projects, Thomson Reuters Projects reported on Tuesday, citing Public Transport Authority president Rumaih Al-Rumaih.

 

“Last week, we floated a tender to connect Yanbu, Industrial City and King Abdullah Port in the Red Sea, connect the existing Dammam-Riyadh Line with the Northern Line plus building a new Dry Port and Logistics Zone,” he said at a conference in Dubai.

 

The authority is planning to use the Public-Private Partnership (PPP) route for both projects.

 

Separately, the 1,150-kilometre land bridge railway project linking Riyadh and Jeddah will be developed “in the near future”, Al-Rumaih added.

 

On the ongoing Riyadh Metro project, he said that 77 percent of the 176-kilometre network has been completed.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request