Funding debate stalls Landbridge deal

Tomlinson, Hugh
July 2009
MEED: Middle East Economic Digest;7/3/2009, Vol. 53 Issue 27, p9
The article reports that the Saudi Landbridge project, which links the east and west coasts of the kingdom by rail, has been delayed and the contractors are not expecting any significant progress on the $7 billion rail scheme before early 2010. It is stated that the government may now convert the project into a state-funded public procurement scheme. All the parties involved are sure that the government will not cancel the Landbridge as it is an important transport network for the country.


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