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Article: SAUDI ARABIA: NEW RAILWAYS PROJECT-OUTLOOK.(Brief Article)

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IPR Strategic Business Information Database
Article date:
October 15, 2001
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According to Al-Sharq Al-Awsat newspaper (October 5, 2001), the Saudi Minister of Transportation, Mr. Nasser Al-Salloum, revealed that the local railway expansion project will be entirely executed and operated by the private sector based on the BOT system. The minister added that a special study that was prepared by the ministry regarding the railway project concluded that this project is economically worthy. The exact costs and length of this future railway will be determined by another detailed study that ...

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