50-50 joint venture agreement for Saudi Arabia. Join discussion...

Saudi Arabia is seeking foreign investment for a series of projects to modernise and expand the country's ageing rail infrastructure, Italy's financial daily Il Sole 24 reported on Tuesday. Saudi Arabia's first major rail project in 50 years, The Landbridge project, will soon invite tenders for 1,600 kilometres of new rail lines. The project aims to transform Saudi Arabia's existing rail network into a world-class freight and passenger rail link across the country. Join discussion...

MEED reported that Beirut based Dar al Handasah will complete the preliminary design work for Jordan Railway’s proposed 960 kilometers long rail network by the end of 2009. Mr Nayef Rawashdeh director of the railways department at Jordan’s Transport Ministry said that “It is 90% complete.” Dar is determining the route and calculating the potential revenues the estimated JOD 4.5 billion railways will generate. The network will run the length of the country from the southern Red Sea port of Aqaba to the Syrian border with 2 spur lines running to Iraq and Saudi Arabia. Join discussion...

Saudi Arabia plans to award a build-operate-transfer contract to expand an airport in the city of Madinah at a cost of 9 billion riyals ($2.4 billion), a report said. The new airport terminal is expected to be completed within a maximum of four years, Al-Eqtisadiah newspaper quoted Abdullah Rahimi, who heads the country's civil aviation authority GACA, as saying. Join discussion...

Discussions underway regarding the possible transfer of management oversight of the delayed Saudi Landbridge project could see the 945 km Riyadh - Jeddah line built by the public sector. Join discussion...

IFC is advising the General Authority of Civil AviationGeneral Authority of Civil AviationGeneral Authority of Civil Aviation GACA structuring a public-private partnership model to expand the airport. The private sector partner will be chosen through a competitive bidding process. This important infrastructure project will help the airport improve operations. Join discussion...

The General Authority of Civil Aviation, GACA, is to put up for bids the project of the new Prince Muhammad Bin Abdul Aziz International Airport in Madina through the Build-Operate-Transfer (BOT) system. The project involves the construction of terminals and the development of runways. Join discussion...

ASCIANO has been chosen as preferred bidder for a $7 billion project in Saudi Arabia, as part of a consortium member of the so-called Tarabot group. Asciano shares rose as much as 5 per cent in morning trading after the company said it had been chosen in the consortium, involving seven Saudi Arabian partners, as preferred bidder to build the Saudi Landbridge project. Join discussion...

The Tarabot Consortium, led by Arabian Company for Power & Water Development (Acwa Power), is set to be named preferred bidder for the $2.5bn Saudi Landbridge rail project. The consortium will edge out three other bidders, assuming its submission complies with the technical requirements of the bid to link the kingdom's Gulf and Red Sea coasts, via Riyadh. Join discussion...