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PWC Logistics led consortium qualifies among finalists for Saudi Landbridge Project

Search ASIA Travel Tips .com Tuesday, 13 June 2006

A consortium of international companies, led by PWC Logistics Saudi Arabia, has qualified to submit an official proposal for the Build, Operate and Transfer (BOT) tender for Saudi Arabia’s privatised Landbridge Project.

The Government-initiated Landbridge project is the cornerstone of the extensive Saudi Railways Expansion Programme - a massive development designed to transform the Kingdom’s existing rail network into a world-class freight and passenger transport system.

The groundbreaking new line will complete an overland transport network between the country’s four major economic centres and allow the direct transportation of cargo containers and passengers from the Red Sea to the Gulf.

Landbridge will involve construction of over 940 km of new rail line and will link the existing Dammam-Riyadh railway with the western city of Jeddah, connecting the Red Sea port with Dammam, the Gulf port city. The line will also serve the dry port in the capital, Riyadh.

The PWC Logistics consortium is among four consortia, selected from an original nine, to bid to run the multi-billion dollar project.

See other recent news regarding: Saudi Arabia

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