Saudi To Invite Consultants For Landbridge Rail Proj Designs -Report

Wednesday, Feb 22, 2012

BEIRUT (Zawya Dow Jones)--Saudi Arabia's state-owned Public Investment Fund, or PIF, and its unit Saudi Railway Co. will next week invite local and international consultants to prepare the designs for the local Landbridge rail project, Jeddah-based Okaz daily reports Wednesday, citing an official.

The Landbridge railway will be the kingdom's major transportation line for shipping containers between the Jeddah Islamic Port on the west coast, the Riyadh Dry Port, and the King Abdul Aziz Port on the east coast, Mansour Al Maiman, PIF's secretary general, told the paper.

After the appointment of the project's manager, a tender will be launched targeting local contractors who will form consortia with international companies [to implement the project], he told Okaz.

Newspaper website: http://www.okaz.com.sa/new/Issues/20120222/Con20120222480174.htm

-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com

(END) Dow Jones Newswires

22-02-12 0704GMT