Completion of Saudi's Asharqia Metro imminent
Transport Minister says project will attract investment to country
Speaking at the inauguration ceremony of the Royal Commission’s projects, Al-Seraisry said in his speech that such projects will contribute in expanding the railway network in Saudi Arabia and increase local and foreign investments in the long-term.
“The railway network is directly connected to the ports’ network at the Red Sea and the Arabian Gulf,” Arab News reported Al-Seraisry as saying.
Saudi Arabia’s strategic railways’ expansion plan includes expanding and developing 19 railways, with a total length of 9,900km that will be implemented in three phases.
The first phase covers the period 2010 to 2025, which works on the length of 5,500km and has an investment of about $16.8bn (SAR 63bn). This phase is classified as high priority.
Covering the period 2026 to 2033, the second phase will be 3,000km long and has an investment of about $55.9bn (SAR 209bn), which is classified as medium priority.
The third phase will start in 2034 through 2040 covering a length of 1,400km of railways and has an investment of about $24.8bn (SAR 93bn) in a secondary priority classification.
This strategic plan includes other projects that are under study such as the 706km Taif-Khamis Mushayit-Abha railways, the 660km Jeddah-Jazan line, and the 350km Yanbu-Jeddah railway.