FINANCIAL NEWS

GCC USD 250bn rail project to go ahead

09 Mar 2016

(MENAFN) The 1,200km rail project built at a cost of USD 250bn to join the Gulf will go forward, while the project’s 2018 completion date was unrealistic.

Moreover, the technical conditions and the legal framework of the cross-border local rail network would be complete by the end of 2016.

There are many other nations and cities in the area which try to follow this project landscape-Metro Riyadh is in full swing.

In addition, the project landscape shows how this trend is now moving towards a proper public transport, not only taxis and buses but also mass transport.

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