Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Number of vacant plots blocking Haramain Rail Project rising  Join our daily free Newsletter

MENAFN - Arab News - 06/01/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab News) The number of vacant plots blocking the Haramain High Speed Rail Project, joining Makkah and Madinah, has risen by 40.6 percent in the last two months, local media said quoting an official source at the Ministry of Transport.

The Jawhara Thuwal Plan in north Jeddah has the largest number of vacant plots whose owners have not yet finalized the expropriation procedures.

The rail plan calls for taking over 130 plots to carry out the project. The original number was 190 only two months ago which were to be distributed between Makkah and Bahra, the source told Al-Eqtisadiyah.
The source, who asked for anonymity, said the rail project will go ahead despite the existence of lands whose owners still have to finalize the expropriation procedures.

The ministry is set to address the Saudi Railways Organization (SRO) to invite the owners of the lands located at the Jawharah Thawl Plan in this regard.

He said the ministry willnot be held responsible for any price hikes of lands resulting from the delay of owners to consult the Land Assessment Committee and will deprive them from re-assessment claims after the expiry of the last announcement deadline.

The ministry has prerogatives to implement the project even if the owners fail to show up in accordance with the system of property expropriation for public interests.

On objections leveled by owners over the prices by the committee earlier, he said the ministry has re-assessed many lands based on decisions made by the Chamber of Grievances. However, a few lands are awaiting re-assessment after the approval of the representative of the Ministry of Finance, he said.

The Haramain High Speed Rail project, also known as the "Western Railway" is a 449.2 kilometers high speed inter-city rail transport system. It will link Madinah and Makkah via King Abdullah Economic City, Rabigh, Jeddah, and King Abdulaziz International Airport.


Arab News

  MENA News Headlines
 Nov 29 2015 - Perfect 10 puts Al Rayyan seven clear of JaishGulf Times
(MENAFN - Gulf Times) Jorge Fossati made the sign of the cross as he alighted from the bus that brought the Al Rayyan team to the Jassim bin Hamad Stadium where they were scheduled to take on El ...

 Nov 29 2015 - QCA set to host second edition of GCC Women's T20 ChampionshipGulf Times
(MENAFN - Gulf Times) Qatar Cricket Association will host the second edition of the GCC Women's T20 Cricket tournament at the Asian Town Cricket Stadium in Industrial Area, from November 29 to ...

 Nov 29 2015 - Korea's Jun emerges as men's UIPM Champion of ChampionsGulf Times
(MENAFN - Gulf Times) The 2015 Modern Pentathlon season closed with a vision of the future as 20-year-old Woongtae Jun claimed the title of UIPM Champion of Champions after a captivating men's ...

 Nov 29 2015 - KSA imposes vital actions to steer away from crude relianceMENAFN
(MENAFN) The globe's number one oil exporter is carefully studying and measuring increases in local energy prices, let alone the implementation of the value added tax (VAT).The kingdom will most ...

 Nov 29 2015 - Omagine to start building USD2.5b lavish projectMENAFN
(MENAFN) Omagine LLC, the Omani firm which develops tourism and residential real-estate projects, closed an agreement with the government to develop a mixed use tourism and real estate project in ...

 Nov 29 2015 - Tunisia attacks 'planned in Libya'Gulf Times
(MENAFN - Gulf Times) A series of attacks in Tunisia claimed by the Islamic State group that killed dozens of people including foreign tourists was planned in neighbouring Libya, a top official said ...

 Nov 29 2015 - Two Palestinians killed in West Bank violenceGulf Times
(MENAFN - Gulf Times) Two Palestinians rammed their cars into Israeli soldiers in the occupied West Bank yesterday, injuring seven, before being killed, raising this week's death toll from ...

 Nov 29 2015 - Life returns to Syrian town after IS oustedGulf Times
(MENAFN - Gulf Times) Outside her home in a town of northeast Syria, four-year-old Baydaa scribbles on a leaflet of religious rules left behind by the Islamic State group as they fled earlier this ...

 Nov 29 2015 - Bomb-rigged mass grave of IS's victims found in IraqGulf Times
(MENAFN - Gulf Times) A bomb-rigged mass grave believed to hold the remains of more than 120 people killed by the Islamic State group has been found in north Iraq, an official said Saturday.It is the ...

 Nov 29 2015 - Jerusalem policeman wounded, attacker killedGulf Times
(MENAFN - Gulf Times) A knife attack seriously wounded an Israeli border policeman on Sunday before fellow officers killed the assailant, police said. The stabbing struck at Damascus Gate, the main ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help