Quotes: US 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 will not 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.

 






  MENA News Headlines
 Sep 1 2014 - China to become GCC's biggest oil importerMENAFN
(MENAFN) China is set to depend heavily on the capacity of the Gulf Cooperation Council (GCC) to provide a stable flow of oil for the next ten years, Saudi Gazette reported.The deal earlier announced ...

 Sep 1 2014 - Kazakhstan to boost bilateral ties with OmanMENAFN
(MENAFN) Kazakhstan expressed its aims to boost bilateral relations with Oman with increased diplomatic visits and trade relations, Oman Observer reported.The Sultanate has contributed to ...

 Sep 1 2014 - 'City of Light' could recapture an intellectual leadership roleArab News
(MENAFN - Arab News) The holy city of Madinah has found a special place in World Economic Forum's report of the global agenda council on competitiveness.The report titled 'The Competitiveness of ...

 Sep 1 2014 - Final agreement for USD2b Omagine project near signingMENAFN
(MENAFN) A final agreement regarding the establishment of the Omagine real estate, tourism and entertainment project, which would cost USD2 billion and planned to be near Muscat International ...

 Sep 1 2014 - Global PTFE Market to Reach USD 6,440.0 Million by 2020MENAFN Press
(MENAFN Press) Global PTFE sales were estimated at USD 3,465.0 million in 2012, and are expected to reach USD 6,440.0 million by 2020, growing at a CAGR of 8.1% from 2013 to 2020, according to new ...

 Sep 1 2014 - Dubai set to stage Gary Barlow show in OctoberKhaleej Times
(MENAFN - Khaleej Times) Why the news of one pop concert in Dubai has wider (and happier) implications according to Adam Zacharias And so it begins.Earlier this week on my drive to work I heard on ...

 Sep 1 2014 - UAE- I always turned up with a couple of tapes: DJ NazKhaleej Times
(MENAFN - Khaleej Times) DJ Naz resident spinner at Toro Toro in Grosvenor House Dubai tells us about his musical beginnings and why hed like to follow in the footsteps of Ibn Battuta DJ style: ...

 Sep 1 2014 - UAE- Western Sydney Wanderers to feature in Al Jaziras IPIC CupKhaleej Times
(MENAFN - Khaleej Times) Western Sydney Wanderers who saw the back of last years champions Guangzhou Evergrande are set to touchdown in Dubai on Sunday.Ammar Bashir and Ali Al Nuaimi addressing the ...

 Sep 1 2014 - Emirati dies as car turns turtle on Malaiha road in SharjahKhaleej Times
(MENAFN - Khaleej Times) The victim was driving at the maximum speed while he lost control over the vehicle and hit a pole causing the car to flip over several times.A 23-year-old Emirati died and ...

 Sep 1 2014 - UAE- More patrols to be deployed near Fujairah schoolsKhaleej Times
(MENAFN - Khaleej Times) The Traffic and Patrols Department of the Fujairah Police has chalked out a plan to control traffic at the start of the new academic year.It will deploy 22 more patrols ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help