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Landbridge Railway Project

  • New Project
  • Saudi Arabia
  • Industrial Projects., Urban Construction, Municipal Services, Public Transportation

This project is in Saudi Arabia. The projects consist with Construction of 1,300-kilometre-long Landbridge project comprising a passenger and cargo railway line. The Saudi Landbridge Project is a planned railway project which forms part of the Saudi Railways Expansion Programme. Intended mainly for freight, the railway will connect Jeddah on the Red Sea coast with the Saudi Arabian capital Riyadh. The project involves the construction of a railway network which will be approximately 950 kilometers in length.The project will include Construction of a 115 kilometers line between Dammam. Scope of work involves construction of a railway line between Riyadh and Jedda, plus another line between Dammam and Jubail. The scheme also covers expansion of the existing Riyadh to Dammam Railway. Once completed, the nation's first link between the Red Sea and Arabian Gulf will see freight speed between Jeddah and King Abdul Aziz Port in Dammam. It is seen as a vital transport link between east Asia and Europe, and will dramatically cut cargo transit times between Asia, Europe and America via Jeddah's Red Sea port. The design speed of passenger trains is expected to be 250 kilometres per hour and 140 kilometres per hour for freight trains, making the trip between Dammam and Jeddah around 12 hours for cargo. Several studies on the project covering technical, financial and legal issues have been conducted by highly reputable organisations on behalf of the Government of Saudi Arabia. The client has invited Expressions of Interest (EOI) by November 10, 2002 from reputed world-class International Law Firms with necessary experience of providing legal advice for comparable railway transactions. The adviser will be required to conduct due diligence, suggest new decrees, rules and regulations and amend existing ones for regulating the operation of the railway in the private sector, suggest laws governing safety regulations, suggest constitution of bodies for monitoring the enforcement of rules and regulations, help in the preparation of tender documents, draft legal documents and assist in negotiations with the selected investors. It is required that the International Firm engages or has an on-going association with a reputed and qualified local Saudi Firm to perform jointly the required services. Detailed Terms of Reference will be supplied to the short-listed advisers that would be invited to submit financial proposals.

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