A Saudi - International meeting to establish a railway system
Saudi Arabia, Economics, 9/29/2000

A Saudi - International assembly will be held in mid October with the official Saudi front concerning the railway projects to present the first official offer for establishing a railway station based on the B.O.T system (Build-Operate-Transfer).

The Metabakati Company (Saudi) and its partners will present in association with the Canadian Company Cantarel as well as Austrian and German Companies a formal offer to establish a line that begins in Koryat, north West Saudi Arabia where the phosphate mines are, passing through Hael and Kasim to reach Riyadh with which it will be linked with Jeddah.

The International assembly will present a full offer for establishing the suggested line in addition to an offer of privatizing the currently existing line between Rabat and Dammam.

Saleh Metabakati ,the general manager of Metabakati Company said in case of wining the contract , they will start with the Dammam - Jobail line to be followed by the the rest of the lines whose total lengths will reach nearly 3,000 kilometers.

Previous Stories:
  Egyptian - Saudi free trade signing in Riyadh next month   (9/26/2000)
  Saudi Arabia, Brazil signed trade agreement   (9/21/2000)
  Saudi Arabia requests Lebanese explanation for banning milk cargo   (9/14/2000)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search