VOL. XLIV
No 40
1-October-2001
SAUDI ARABIA
SEC Approves $2.67Bn RailroadProject
Saudi Arabia痴 Supreme EconomicCouncil (SEC) on 19 September approved a project to build a railroad networklinking various parts of the kingdom at a cost of SR10bn ($2.67bn). Investorsfrom within the kingdom and abroad will be invited in the coming weeks todiscuss their possible participation in the project. One idea is to build a railroadtrack across Saudi Arabia from Jiddah on the west coast to Dammam and Jubail on...
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