Jan 08 2012 |
more articles from
|
Saudi Min Inks 3 Deals Worth SAR2.34B For North-South Rail Proj-Report
Sunday, Jan 08, 2012
BEIRUT (Zawya Dow Jones)--Ibrahim Al Assaf, who is Saudi minister of finance and chairman of the kingdom's Public Investment Fund , or PIF , Saturday signed three contracts worth a combined 2.34 billion Saudi riyals ($624.1 million) for works on the local north-south railway project, state-run Saudi Press Agency, or SPA, reported.
The project is being implemented by Saudi Railway Co., or SAR, which is totally owned by PIF , according to Zawya.com data.
The 2,750-kilometer railway project extends from Riyadh to Al Haditha on the country's border with Jordan after passing through the Saudi regions of Sudair, Qassim, Hail, and Jouf, SPA reported Saturday.
The first contract involves the construction of five passenger stations and the second one entails setting up a complex for maintenance workshops, the news agency said. It said that the third contract involves the construction of 36 buildings, including maintenance workshops and office buildings.
News agency website: http://www.spa.gov.sa/ListNewsInCat.php?pg=1&catid=5&selectedcat=5
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
08-01-12 0412GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment