VOL. XLVI

No 19

12-May-2003

SAUDI ARABIA

Cabinet Approves North-South Railway Project For Phosphate Development

The Saudi cabinet on 5 May gave its backing to a railway project linking mineral-rich areas in northern Saudi Arabia with the countrys Gulf coast, instructing the Public Investment Fund to set up a working team to undertake studies. The team, comprising representatives from the Ministry of Transport, Saudi Arabian Mining Company (Maaden) and the Public Investment Fund, will supervise...