By CW Guest Columnis www.constructionweekonline.com
Saudi remains focused on infrastructure and social programmes, reports CB Richard Ellis in its H1 2012 Market View for the Kingdom
In addition to a trans-Saudi Arabian railway line, the Council of Ministers has also agreed to implement a massive public transport system for all the major cities in the Kingdom. These transport solutions will compirse both buses and trains, and will first be implemented in Riyadh, where Phase 1 completion is anticipated by 2017.
About 80% of the metro network will be underground, and will be served by 34 stations. The capacity of Riyadh’s international airport is anticipated to triple to 25 million passengers a year by 2015 as part of the first phase of planned aviation-sector expenditure totalling $53bn. More info