A land bridge linking up the western part of Saudi Arabia with its eastern region will cost some $26 billion once all the factors have been taken into account.
According to the minister of transport and logistics, Saleh Al-Jasser, the money will go into building infrastructure and trains.
The contracts will be signed within a year, and the implementation of the project will take 5 to 7 years, Al-Jasser said.
He added: “We have been working with an international coalition led by a Chinese company and including national companies for two years.”
“A complete project plan was drawn up, cost and locations were determined. It will include 7 logistic centers and raise the level of the existing road from Riyadh to the Eastern Province.”
The land bridge project is considered the most important project in Saudi Arabia, and it will be a quantum leap in the logistics sector after its completion.