Riyadh – Mubasher: The Saudi Railways Organization (SRO) plans to develop the railways network by 2040 with total investments reaching SAR 200 billion, Aleqtisadiah newspaper cited Rumaih Al-Rumaih, SRO’s president, as saying.
Saudi Arabia and SRO will privatise the railways and station projects, Al-Rumaih added, noting that the land bridge project between Riyadh, Jeddah, and Dammam in Jubail will provide investment opportunities for the private sector.
Al Haramain High Speed Rail will be operated by the end of December 2017.
The railway network’s length between Saudi cities is about 4,000 kilometres, and there is a plan to increase its length by adding about 2,500 kilometres.
