Arab Today, arab today uae firm eyes 800m rail deals in saudi arabia
Last Updated : GMT 00:00:20
Arab Today, arab today
Arab Today, arab today

UAE firm eyes $800m rail deals in Saudi Arabia

Arab Today, arab today

Arab Today, arab today UAE firm eyes $800m rail deals in Saudi Arabia

Riyadh - Arabstoday

UAE-based Advance Rail Group said on Tuesday it has formed a partnership with a major Saudi Arabia contractor to bid on more than SR3bn ($800m) worth of future rail opportunities in the kingdom.Advance and Saudi Arabia-based Al Rashid Trading and Contracting Company (RTCC) have signed an agreement to bid for railway projects that are part of Saudi Railway Company\'s (SAR) rail network.Advance\'s general manager Warwick Georgeson said in a statement that the partnership would be mutually beneficial for both companies. \"This strategic joint venture will ensure both parties capitalise on each other\'s strengths,\" he said. \"ARG\'s decision to partner with RTCC was founded on their strong history in the kingdom and their successful completion of several high profile projects in the region.\" Saudi Railway Company is currently prequalifying consortia for several railway opportunities in the country.RTCC is currently completing a contract in Saudi Arabia to construct 817 kilometres of SAR\'s 2,400km North-South Railway.Advance was formed in October 2010, when UAE based-Al Habtoor Leighton Group (HLG) joined forces with leading Australian rail contractor John Holland, to pursue an expected $75bn in rail projects within the GCC region. HLG is a leading multi-disciplined international contractor in MENA and John Holland is Australia\'s largest rail construction and maintenance contractor and operator of railway networks in Australia.Laurie Voyer, HLG CEO and managing director and also an ARG shareholder, said: \"This joint venture with RTCC to bid for some of these key railway opportunities will complement our already established business in Saudi Arabia. \"We have identified the kingdom as a strategic geographic region for our business and the market there is robust and sustainable with predominantly government-funded infrastructure works.\" From / Arabian Business News

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 uae firm eyes 800m rail deals in saudi arabia Arab Today, arab today uae firm eyes 800m rail deals in saudi arabia

 



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 uae firm eyes 800m rail deals in saudi arabia Arab Today, arab today uae firm eyes 800m rail deals in saudi arabia

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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