Saudi Arabia’s Public Transport Authority (PTA) has announced they are seeking a long-term partnership with an international private rail service company and local private investment entities. The partnership will support the construction and operating of the proposed public railway system.
Increased privatization in Saudi is one of the key objectives of Vision 2030, and the successful partner will be responsible for operating the railway system throughout the Kingdom. Rail has been identified as a key economic growth factor in the Kingdom, and once developed, it will help to position Saudi as a key logistics hub.
Saudi’s current rail network consists of 4000km, with an additional 2500km either under construction or in the planning phase. The Saudi Landbridge project will transform the current railway system to a world-class passenger and freight rail link. The railway will have the capability to move large quantities of cargo and provide overland passenger transport across the country.
In a related project, the Ministry of Environment, Water and Agriculture will start privatizing the sewage sector, starting with 3 key projects in 5 cities and governorates. The projects will begin in Jeddah Airport Plant 2, a plant west of Dammam, and a system of plants covering Turaif, Arar and Sakaka.