Riyadh – Mubasher: President of the Public Transport Authority (PTA) Rumaih Al-Rumaih on Monday said that Saudi Arabia would invest more than SAR 125 billion ($33.33 billion) in railways.
Several airports and seaports were expanded with the aim to boost their operational capacity, Al-Rumaih said during the launch of National Industrial Development and Logistics Program (NIDLP).
The NIDLP, which aims to attract $427 billion over the next decade from Saudi and global private-sector investments, represents a major pillar of the Vision 2030 strategy to diversify the economy away from dependence on oil revenues and government expenditure.
