VOL. XLV

No 42

21-October-2002

SAUDI ARABIA

SEC Approves Start Of Major Railway Expansion Project On BOT Basis

Saudi Arabias Supreme Economic Council (SEC) has given the Saudi Railways Organization (SRO) approval to start the process of seeking investment in a major railroad expansion project which is to be carried out on a build, operate, transfer (BOT) basis. The SRO has set an 11 November deadline for companies to express interest in being considered as bidders for the project which will...