Related Links: The Ten Most Noteworthy Rail Projects: Overview and Related Stories Project: North-South RailwayCost: $3.5 billionConstruction period: 2007-2013Saudi Arabia, though late to adopt rail service, has embarked on an ambitious program that will feature both freight and passenger service.Its North-South Railway, a 2,400-kilometer-long branching system, will link Saudi Arabia’s northern mineral belt with smelters and a port on the Persian Gulf, enabling the country to better reach export markets. Further, passenger service will connect Riyadh with cities in the north and extend to the Jordanian border.The construction work has been divided into four phases. The Saudi Binladin Group, the
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.