Arab Today, arab today top firms keen on45 bln saudibahrain rail project
Last Updated : GMT 16:23:57
Arab Today, arab today
Arab Today, arab today

Top firms keen on $ 4.5 bln Saudi-Bahrain rail project

Arab Today, arab today

Arab Today, arab today Top firms keen on $ 4.5 bln Saudi-Bahrain rail project

Jeddah - Arabstoday

A number of Saudi, Turkish, American and Italian companies have shown interest in the $ 4.5 billion Saudi-Bahrain railway project, according to GCC sources. The project provides vital link to the 2,200 km GGC railway scheme, which is expected to cost $ 15.5 billion. The sources said a number of Saudi and Bahraini companies would form consortiums with international firms to bid for the project, A meeting will be held next week at the GCC secretariat in Riyadh to discuss ways of financing the project, the sources said. The meeting will also discuss modalities — whether the project would be financed by the two governments or to be executed by companies as a BOT venture. The 90-km rail link will be built parallel to the Saudi-Bahrain Causeway. The GCC rail link will start in Kuwait and pass by Dammam, connecting with Bahrain through a bridge before reaching Qatar via Salwa. Another line will connect Bahrain with the UAE through Bathaa. The railway line will also run through Abu Dhabi and Al Ain to reach Oman through Sahar and Muscat and connect Qatar and Bahrain through a bridge. Land acquisition has been estimated to cost $ 3.1 billion and the cost of purchasing locomotives is pegged at $1.8 billion. From arabnews

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 top firms keen on45 bln saudibahrain rail project Arab Today, arab today top firms keen on45 bln saudibahrain rail project

 



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 top firms keen on45 bln saudibahrain rail project Arab Today, arab today top firms keen on45 bln saudibahrain rail project

 



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 الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Girl barred from Malaysia chess competition

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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