Middle East rail to undergo major alteration
- Saudi Arabia: Wednesday, December 05 - 2012 at 08:27
- PRESS RELEASE
The Kingdom of Saudi Arabia is currently undergoing a major metamorphosis. It is expected and is expected to infuse $45bn in establishing a railway network across the region which includes projects like the Saudi Landbridge, North-South Railway Line, Haramain High Speed Rail, GCC Rail, Riyadh Light Railway, and Makkah Metro.
The 2 day conference on Rail Opportunities across the Middle East to be held in Saudi Arabia will focus on the current status of the projects and hear about the latest technologies in railway systems from the experts.
Post success of the 3rd Annual Middle East Rail Opportunities in Qatar in 2012, the 4th Annual Middle East Rail Opportunities, taking into account the major remodelling of the raiways in Saudi Arabia, will be held in Riyadh on 6 -7 May 2013.
This summit aims at discussing the challenges that are being faced while in the design stage which will enable effective planning of the project in the long run.
The summit throws light on the financing models for the railways, the latest technology that is being deployed for the railways and many such important aspects. The next decade will see a major transformation in the transport industry across the GCC Region.
This year the summit not limited to focus only on 'Existing challenges and upcoming opportunities for private sector in Middle East rail sector, perspective of steel and cement companies on freight rail network, exploring key financing strategies for better ROI on rail projects'.
It It will also through light on other GCC Countries Saudi Arabia, Kuwait, Bahrain, Qatar, UAE and next generation railway technology. Successful construction of railways across the other Middle Eastern countries and first hand experience will also be shared and reviewed at the summit. Spanning over two days, this summit will include intense discussions on project updates and recommendations on the best strategies moving forward.
Attendees will get an opportunity to interact with Loay Ghazaleh who is the PPP theme leader and Advisor to the Undersecretary of Works at Ministry of Works from Bahrain. He will address the attendees on 'Road map for railways for the next decade'. Amongst other the summit's panel of international speakers also include Howard Smith the Chief Operating Officer from London Rail. He will enlighten the delegates on 'The role of light rail in urban development' and other related topics.
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Posted by Ishraq Al Tal



