Works to start on $3.5bn King Hamad Causeway project
King Fahad Causeway Authority inked an $8.9m consultancy deal for the project with consortiums KPMG, Aecom and CMS
Construction is set to begin on the $3.5bn King Hamad Causeway development to connect Saudi Arabia and Bahrain after the King Fahad Causeway Authority signed a consultancy agreement with consortium KPMG, AECOM and CMS.
Worth a total of $8.9m, the consultancy agreement was signed at the Future Investment Forum (FII) in Riyadh, by HE Eng Kamal bin Ahmed Mohamed, Bahrain’s minister of transportation & telecommunications; Ahmed bin Abdulaziz Al-Haqbani, chairman of King Fahad Causeway Authority and Eng Emad Al-Muhaisen, executive director of King Fahad Causeway Authority.
The consortium of financial, technical, and legal companies will work on developing the financing model, as well as the engineering specifications, design, and selection of the main developers.
The King Hamad Causeway will be constructed based on a public-private partnership model and will include a parallel rail line.
Commenting on the agreement, HE Eng Kamal bin Ahmed Mohammed, Bahrain’s minister of transportation & telecommunications said: “This is a strategic project for us which will further enhance our logistics sector and the links between our two countries allowing us to realise common aspirations and reinforce the strong bilateral relations we have with the Kingdom of Saudi Arabia.”