Arab Today, arab today 3 consortium win saudi metro contracts worth 225 bn
Last Updated : GMT 12:04:57
Arab Today, arab today
Arab Today, arab today

Contracts to be led by US, Spanish and Italian firms

3 consortium win Saudi metro contracts worth $22.5 bn

Arab Today, arab today

Arab Today, arab today 3 consortium win Saudi metro contracts worth $22.5 bn

Saudi policeman monitors traffic in Riyadh, Saudi Arabia
Riyadh - Arab Today

Saudi policeman monitors traffic in Riyadh, Saudi Arabia Saudi Arabia has granted three foreign consortium contracts worth $22.5 billion (16.9 billion euros) to build a Riyadh metro, the country announced at a news conference in the capital. The consortium are led by US, Spanish and Italian firms.
The 176-kilometre (110-mile) six-line network is aimed at easing chronic traffic congestion in Riyadh, a city of six million people.
A consortium led by US engineering giant Bechtel Corp will construct two lines worth $9.45 billion, the official SPA news agency reported.
Spanish BTP-FCC consortium will build three of the metro lines for $7.88 billion, after it beat competition from South Korea\'s Samsung, France\'s Alstom and Freyssinet, and Dutch group Strukton to secure the deal.
Another line costing $5.21 billion went to Italy\'s Ansaldo.
The lines are planned to stretch across the capital and serve the airport and the future King Abdullah Financial District.
Oil-rich Saudi Arabia also plans to invest billions of dollars in rail networks linking major cities across the vast desert kingdom.
The kingdom already has a 449-kilometre passenger line between Riyadh and Dammam in Eastern Province, with a parallel freight line linking the capital with the Gulf coast city.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 3 consortium win saudi metro contracts worth 225 bn Arab Today, arab today 3 consortium win saudi metro contracts worth 225 bn

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 3 consortium win saudi metro contracts worth 225 bn Arab Today, arab today 3 consortium win saudi metro contracts worth 225 bn

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday