Saudi completes over $1bn worth of transport projects in 2017

Saudi Arabia has completed $1.07bn worth of transport projects in the kingdom in 2017, The Saudi ministry of transport revealed in a statement.

The ministry completed 108 kilometres (km) of highways, 907km of double roads, 659km of single roads, 809km of agricultural roads, 35 upper intersections, and one tunnel so far this year, according to Zawya.

Other ongoing projects include the 61km road project that connects the Riyadh/ Dammam Highway with Abu Hadriyah/Dammam road and with Dammam/Jubail road.

The final phase of a road project along the Omani border was also finalised this year, the ministry said.  

The Saudi government has been committed to increasing capital expenditure in areas such as municipality services, social infrastructure, and transport, according to data from Deloitte.

The figures also showed that non-oil revenues in the kingdom reached $57bn (SR212bn) this year, 6.5% higher than in 2016.

Thales recently announced that it has inked a new two-year maintenance contract with Saudi Railway Company (SAR) where the company will maintain the signalling, telecommunications, and electromechanical systems of Saudi Arabia’s North-South Railways (NSR) project.

With approximately 2,400km of track, sidings, yards, depots, stations, and administrative facilities for two lines, the kingdom’s NSR project is the longest railway in the world.

 

Source - www.constructionweekonline.com/

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