• HSBC

Saudi to retender Landbridge project

  • Saudi Arabia: Saturday, August 22 - 2009 at 11:01

Saudi rail authorities have confirmed they are retendering the $7bn Saudi Landbridge coast-to-coast rail link project on an engineering, procurement and construction (EPC) basis, MEED has reported. A source close to the Saudi rail authorities has told MEED Riyadh it will now finance the scheme. The project will link the kingdom's Gulf and Red Sea coasts via the capital.

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