+
 Saudi Arabia to develop 14,000 km railway across country
RAILWAYS & METRO RAIL

Saudi Arabia to develop 14,000 km railway across country

Saudi Arabia Investment Minister Khalid al-Falih told the media that will develop 14,000 km of the railway across the nation and is additionally preparing a new investment law to manage the requirements of investors.

Falih told a mining forum in Riyadh that new rail will criss-cross the kingdom and add to the network they already have. He additionally told the media that his ministry was working on a new investment law that would manage the requirements of investors.

The law would be passed this year, hopefully, shortly, Falih said.

Saudi Arabia has additionally become a challenge for Dubai after it declared last year it would give foreign companies until the end of 2023 to install headquarters in the nation or risk losing out on government agreements.

Image Source

Saudi Arabia Investment Minister Khalid al-Falih told the media that will develop 14,000 km of the railway across the nation and is additionally preparing a new investment law to manage the requirements of investors. Falih told a mining forum in Riyadh that new rail will criss-cross the kingdom and add to the network they already have. He additionally told the media that his ministry was working on a new investment law that would manage the requirements of investors. The law would be passed this year, hopefully, shortly, Falih said. Saudi Arabia has additionally become a challenge for Dubai after it declared last year it would give foreign companies until the end of 2023 to install headquarters in the nation or risk losing out on government agreements. Image Source

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code