New Saudi N-S railway
Posted: 07 Apr 2009, 15:27
Thales signs Saudi rail contract
Riyadh
BBC
Page last updated at 09:26 GMT, Tuesday, 7 April 2009 10:26 UK
French defence firm Thales and construction giant Saudi Binladin Group are to sign a $533m contract to build Saudi Arabia's North-South Railway.
The two companies will build signalling and security systems for the main 1,800km section of the $2.8bn railway.
The railway will link bauxite and phosphorus mines in the north with planned Gulf coast processing and export facilities at Ras al-Zour.
Another 600km section, which includes a passenger line, will be awarded later.
That line will link Riyadh with al-Zubairah in the north.
The North-South Railway scheme is one of three multi-billion dollar rail projects the government is developing.
Government and company officials said the contracts would be signed later on Tuesday.
Riyadh
BBC
Page last updated at 09:26 GMT, Tuesday, 7 April 2009 10:26 UK
French defence firm Thales and construction giant Saudi Binladin Group are to sign a $533m contract to build Saudi Arabia's North-South Railway.
The two companies will build signalling and security systems for the main 1,800km section of the $2.8bn railway.
The railway will link bauxite and phosphorus mines in the north with planned Gulf coast processing and export facilities at Ras al-Zour.
Another 600km section, which includes a passenger line, will be awarded later.
That line will link Riyadh with al-Zubairah in the north.
The North-South Railway scheme is one of three multi-billion dollar rail projects the government is developing.
Government and company officials said the contracts would be signed later on Tuesday.