Saudi Railway to run $7bn Landbridge

State-owned Saudi Arabian Railway Co has become the sole operator of the $7bn Saudi Landbridge development, Meed has reported. Saudi Landbridge is a 950-kilometre long passenger and cargo railway designed to create a link between Jeddah on the Red Sea coast, and the ports of Dammam and Jubail on the Gulf coast, passing through the kingdom's capital Riyadh. Scheduled for completion in 2014, the railway will be primarily used to transport containers from the port at Jeddah to Dammam from where it will be shipped to the UAE, Iran, Kuwait and other destinations in the Gulf region. It will also be used to transport passengers between Jeddah and Riyadh.