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| Arabia |
| Railroad link plan from Red Sea to |
| 2005-02-07 |
| MANAMA: Plans to build a railroad linking the Arabian Gulf to the Red Sea were revealed at a Saudi Railways Organisation (SRO) investors briefing yesterday. The Landbridge rail project aims to link Saudi Arabia's three largest ports, from Jeddah Islamic Port in the west through Riyadh's Dry Port and reaching Dammam's King Abdul Aziz Port in the east. The project involves the construction of a new 950km railway line between Riyadh and Jeddah; another 115km line between Jubail and Dammam; the upgrade of existing lines between Riyadh and Dammam; and integrating new lines with Jeddah Islamic Port, King Abdul Aziz Port and Dammam and Riyadh Dry Ports. Project financing is expected to comprise investor equity and loans from the Saudi Arabian and international bank markets. The land required for the projects will be provided by Saudi Arabia. UBS Investment Bank, Saudi's National Commercial Bank (NCB) and SNCF International of France are providing financial and technical advisory services for the project. |
| Posted by:Steve White |
| #3 Abu Casey Jones? |
| Posted by: Frank G 2005-02-07 7:34:01 PM |
| #2 Is it Poetry at Rantburg Day already? |
| Posted by: trailing wife 2005-02-07 7:30:32 PM |
| #1 When he pulled up that Dry Port hill, He whistled for the camels with an awful shrill; The gunnies knew by the engine's moan That the man at the throttle was abu Jones. He looked at his water and his water was low; Insallah! He looked at his watch and his watch was slow; sotto: My Iman gimme this watch, He turned to his fireman and this is what he said, "Infidel, we're going to reach Diammam, but we'll all be dead." |
| Posted by: 668 Next Door Neighbor of the Beast 2005-02-07 10:04:08 AM |