Expressions of interest are due on 4 February
Saudi Arabian Railways (SAR) is inviting companies to submit expressions of interest by 4 February for the project management consultancy (PMC) contract for the planned $7bn Landbridge project.
SAR approached about five consultants to submit expressions of interest. SAR will invite companies to bid at a later date for the design contract. The company is carrying out the tender process for the Landbridge project.
The Public Investment Fund (PIF) has been in control of the development of the project since October 2011 (MEED 9:1:12). The PIF is part of the kingdom’s Finance Ministry and will finance the project.
The 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, through the kingdom’s capital Riyadh. The project has been delayed for some time because of issues about how to best finance and develop it.
You might also like...
Iraq signs deal to develop the Akkas gas field
25 April 2024
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.