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SBG ready to fund proposed $3bn Egypt-Saudi bridge
- Saudi Arabia: Wednesday, January 23 - 2013 at 05:30
Saudi construction firm Saudi Binladin Group (SBG) has responded to a call by Egyptian president Mohamed Morsi to build a bridge between Egypt and Saudi Arabia, Mena has reported. SBG said it was willing to fund the project in cooperation with Egyptian state-owned construction giant Arab Contractors. Morsi on Monday called upon a group of Egyptian and Saudi businessmen in Riyadh to "seriously" consider funding the $3bn project to build an Egypt-Saudi bridge, "which would bolster the region's economies."
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