Mubasher: Around thirty global companies are competing to execute new projects in Saudi Arabia, especially in transportation sector, in light of the huge public spending in infrastructure projects, sources said.
The Saudi Ministry of Transportation has begun laying out the outlines for current projects, which amount to 650, following decisive moves taken by the ministry towards fifty troubled projects.
The ministry has recently withdrawn licenses for fifty distressed projects, in a key step aimed to continuing with the execution of its current projects.
