Saudi privatization plans to start with railways, says Al-Amudi

The privatization of Saudi Arabia’s transportation sector will begin with the railways, the minister of transport, Nabeel Al Amudi told Okaz newspaper.

The privatization plans will also include airports, trains, seaports and roads, he added.

The ministry’s plan for the privatization of railways will focus on operations as well as maintenance in the current railway lines, in addition to laying out new lines.

The ministry is planning to set a new Abha-Jazan railway. It will also invite private sector companies to partner in the construction of a bridge over the Red Sea connecting Egypt and Saudi Arabia as outlined in the Neon megacity plan.