Rail Opportunities in Saudi Arabia to Reform The Transport Network

4th Annual Middle East Rail Opportunities to be held in Riyadh will see discussions on the rail infrastructure across the Kingdom of Saudi Arabia and case studies of successful railway networks.

The Saudi Railway Master Plan 2010 – 2040 represents the basis for a long term sustainable development and forms a step-by-step extension plan of the Saudi Arabian railway network. The first high-speed passenger railway line between the Saudi Arabian cities of Mecca and Medina will be completed by January 2014. “The work on the Haramain High Speed Rail Project between Mecca and Medina is progressing on time and as planned,” Minister Jabara Al-Seraisry, who is also chairman of the Saudi Railway Organization (SRO), said in comments published by the Saudi Daily Arab News.

The $ 7 billion railway project linking Riyadh with Jeddah gathered momentum on 2nd Feb 2013 with the state-owned Public Investment Fund signing a SR 270 ($ 72) million contract with Fluor, a US company. Fluor is to provide management solutions for the project. A remarkable effect on the transport adequacy of the country is expected from this project. To complete the railway infrastructure of the Kingdom, this contract was ordered according to the plan by Custodian of the Two Holy Mosques King Abdullah. The order was passed in line with a decision of the Council of Ministers to construct a railway line connecting the Kingdom’s west coast with its east coast.

“The vision to link cities across the Middle East and beyond to Turkey and Europe is finally being realized, yet cross borders challenges remain in unified design of track axle loads and slopes combined with interoperability issues of communication and management systems ....”, stated Loay Ghazaleh, PPP Theme Leader and Advisor to the Undersecretary of Works representing Ministry of Works, Bahrain. Loay will address the attendees on 'Financing the railways for future' as a part of the speaker panel at the 4th Annual Middle East Rail Opportunities to be held on 6 - 7 May 2013 in Riyadh.

The conference will see discussions on the rail infrastructure across the Kingdom of Saudi Arabia and case studies of successful railway networks. Abdullah Balhaddad, Vice President & Member of Railway Land Bridge Project Steering Committee from Saudi Railways Organization will also speak at the conference. With different projects being undertaken by the Government like the Saudi Landbridge Project, Haramain High-Speed Rail Project and the longest of all the North South Railway Project, the 4th Annual Middle East Rail Opportunities seeks to provide an opportunity for all those who wish to be a part of this change in the economy.

Importance of procurement across the GCC rail network is one of the most essential causes of concern and will be taken up by the Senior Advisor to the World Bank, Ramiz Al Assar. The conference will also see eminent speakers from across the globe. Howard Smith, COO of London Rail, will discuss on how their railway network can be replicated for the 2022 games scheduled to be held in Qatar. The key topics to be discussed at the two day conference consists of the financing models of the railways, discussing the success stories of the past and preparing for the future and potential challenges involved in the same. Important aspects that are the need of the hour will be discussed at the conference as the next decade will see a major transformation in the transport industry across the GCC Region.

For further information contact:
Tanaya Priya
Marketing Executive
Fleming Gulf Conferences
T : +971-4-6091570
E : tanaya.priya@fleminggulf.com
Url: http://www.fleminggulf.com/conferenceview/4th-Annual-Middle-East-Rail-Opportunities/409

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This release was published on openPR.