Go-ahead for new Saudi Arabia highway

In Saudi Arabia the go-ahead has been given for a new expressway that will connect Qassim with Makkah. The project is worth some US$1.2 billion and will include the construction of service facilities along the route. Details regarding the tender process or any technical features of the project have yet to be revealed.
July 18, 2014 Read time: 1 min

In Saudi Arabia the go-ahead has been given for a new expressway that will connect Qassim with Makkah. The project is worth some US$1.2 billion and will include the construction of service facilities along the route. Details regarding the tender process or any technical features of the project have yet to be revealed.

Road Structures Finance & Funding

Related Content

  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • Major New Zealand highway project running ahead of schedule
    May 9, 2016
    Work on the Huntly section of the Waikato Expressway in New Zealand is running ahead of schedule. As a result, the section of this major highway project now looks likely to open early. The Huntly section of this US$319.55 million (NZ$458 million project extends for 15.2km. After eight months of construction activity the work is now further ahead than originally expected. This section of the Waikato Expressway project now looks likely to open in December 2019. It was originally expected to be open in March 2
    Read More
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More
  • Vietnam’s US$5.5 billion ring road project
    September 16, 2024
    Vietnam is planning US$5.5 billion ring road project for HCMC.
    Read More

Highlighted Content