Jeddah metro project budget to be approved
Transport official says decision on level of funding is almost made
The budget for the Jeddah metro project is in the final stages of development and will be approved soon, director-general of roads in Makkah Mohammed Madani has said.
Speaking at a conference organised by the Gulf Research Center, Madani added that contract awards for the project were still under discussion.
“We have yet to agree on the contractors who will begin implementing the project,” Arab News reported Madani as saying.
The ministry has examined similar projects in developed countries, he said.
Speaking at the conference on the planned GCC rail project, director of the expansion projects at the Saudi Railway Organisation Wasmi Farraj said that the rail system will begin operating by 2018.
Trains will start from Kuwait, travel through Saudi Arabia, Bahrain, Qatar and the UAE and terminate in Oman. The track will span more than 2,000km, he said.
Farraj added that Saudi Arabia is committed to a sizeable investment in rail over the next two decades.
“There is a three-stage strategic plan scheduled for the next 20 years that will see the construction of tracks spanning 9,900km,” said Farraj.
“The plan involves five huge projects, including the Haramain electric train, which will run at speeds of up to 300km/h, the north-south train, spanning 1,500km, which will transport both phosphate and passengers, and the Gulf Train, which will be 2,177km long,” he added.