July 7 - Rail projects planned for Saudi Arabia could bring significant business for project forwarders and shipping lines.
The projects underway for a national network connecting key industrial cities with ports to support investment in new petrochemical plants and growing highway traffic.
National projects totalling SR405 billion (USD107 billion) include construction of a regional railway network with particular focus on a rail link between Jubail and the Port of Dammam, and between Ras Az Zawr and Jubail.
A pre-qualification document has been published which details tendering parameters for interested parties.
For more news and analysis about the current state of the project forwarding market in Saudi Arabia, make sure you read the July/August edition of HLPFI.