Saudi Railway Co. (SAR) will construct a 120km railway to link the countrys two industrial hubs of Dammam and Jubail.
Roads
Saudi signs road contracts worth US$630mn
The Saudi government signed contracts worth US$630mn with national companies to work on road projects across the kingdom.
Financing announced for Baghdad metro plan
A five-year project for French engineering group Alstom to build an above-ground urban metro line in Baghdad will cost US$1.5 billion and be funded by the French government and banks, Iraqi officials said.
Dubai to finance new road infrastructure projects
Dubai has hired four local and international banks to raise US$800mn by securitising Salik road toll receipts and will use the proceeds to fund infrastructure projects according to a recent government statement.
Sandvik supplies equipment for Salalah bypass
The Salalah Bypass will be fully operational in 2011 after a year of construction work has taken place on the US$ 50.6mn high way development in Salalah.
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