Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Land in 140 locations expropriated for Riyadh public transport project  Join our daily free Newsletter

MENAFN - Arab News - 08/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Properties and lands expropriated for the King Abdulaziz Public Transport Project (metro and bus system) have ranged between 1.8 to 2 million square meters.



On the other hand, the Higher Commission for the Development of Riyadh (HCDR) has expropriated lands in 140 locations of which 80 percent of the lands lying on the city's outskirts were vacant, head of Projects at HCDR Eng. Tariq Al-Faris said



Meanwhile, the head of Transport Planning at HCDR Eng. Abdulrahman Al-Shalaan said the HCDR plans to initiate the bus project, which falls within the public transport project, during the first quarter of the current year



Earlier Al-Shalaan told a public transport forum that the implementation of the bus project has been divided into three stages where the first operation stage will begin in the southern part of the city, followed by the central and finally finishing in the northern part of the city



Four consortia are vying for the operation and maintenance of the bus network project in Riyadh namely the Dallah Haj Transport/MV Transportation Inc., Saudi Public Transport Co./RATP-DEV, El Seif Engineering and Contracting Co. Ltd./Gersel Turizm Tasimacilik, and Hafil Public Transport Company/National Express Group Plc

Al-Shalaan said the bus network operation will be given first priority as it is smaller in terms of infrastructural works, engineering complexity and will require less time for implementation



Last week, officials of the HCDR said the public transport project in the city will target the major educational facilities, government installations, commercial and health centers and densely populated areas.

 


Arab News




  MENA News Headlines
 Sep 4 2015 - Lights out for movie houses in Libya's 'Mermaid of Med'AFP
(MENAFN - AFP) The Libyan capital once boasted grand movie houses that packed in smartly dressed couples for a special night out, but how times have changed. Today, the sole major cinema left in ...

 Sep 4 2015 - Qatar shares end lower as index drops 38.75 pointsGulf Times
(MENAFN - Gulf Times) Qatar Stock Exchange (QSE) index dropped 38.75 points or -0.34% on Thursday when it closed at 11,347.15 points.The market capitalisation declined to QR 598.911bn from QR ...

 Sep 4 2015 - UAE- Gulf bourses consolidate as global markets steady Dubai surges 1.6%Gulf Times
(MENAFN - Gulf Times) Gulf stock markets consolidated yesterday after oil prices and global equities steadied, while Egypt jumped on strong economic data and corporate news.Oil moved little yesterday ...

 Sep 4 2015 - UAE Business Council set up in New DelhiGulf Times
(MENAFN - Gulf Times) Sheikh Abdulla bin Zayed al-Nahyan, UAE Minister for Foreign Affairs along with Sushma Swaraj, India's External Affairs Minister after the inauguration of UAE Business Council ...

 Sep 4 2015 - UAE- Jewellery group seeks time to repay debtsGulf Times
(MENAFN - Gulf Times) A Dubai-based gold and jewellery retailer that defaulted on loans worth about 500mn dirhams ($136mn) has asked banks for time to put together a repayment plan, the company said ...

 Sep 4 2015 - French judges drop probe into Arafat's deathGulf Times
(MENAFN - Gulf Times) French judges investigating claims that Palestinian leader Yasser Arafat was murdered have closed the case without bringing any charges, a prosecutor said yesterday. "At the ...

 Sep 4 2015 - Russia delays UN probe of Syria chemical attacksGulf Times
(MENAFN - Gulf Times) Russia said yesterday it was considering details of how to establish a UN team to investigate chemical weapons attacks in Syria, holding up final Security Council approval to ...

 Sep 4 2015 - Israeli forces may get freer hand to shoot stone-throwersGulf Times
(MENAFN - Gulf Times) Israel is considering giving its security forces a freer hand to shoot at young Palestinian stone-throwers, Prime Minister Benjamin Netanyahu's office said yesterday. Under ...

 Sep 4 2015 - UAE- Troubled Dubai gold retailer seeks time to repay $136 mn debtsGulf Times
(MENAFN - Gulf Times) A Dubai-based gold and jewellery retailer that defaulted on loans worth about 500 million dirhams ($136 million) has asked banks for time to put together a repayment plan, the ...

 Sep 4 2015 - Saudi carries out 130th execution this yearGulf Times
(MENAFN - Gulf Times) Saudi authorities put to death a convicted murderer on Thursday, bringing to 130 the number of executions in the kingdom so far this year, according to an AFP tally.Saudi ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


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