The Minister of Finance and Chairman of Board of Directors of Public Investment Fund, Dr. Ibrahim bin Abdulaziz Al-Assaf signed here today three contracts worth more than SR 2.3 billion for North-South Railway Project implemented by Saudi Railways Company. The project includes the establishment of five passenger stations, a maintenance workshop complex, and 36 support buildings. In a statement to Saudi Press Agency (SPA), Dr. Al-Assaf said following the signing ceremony that works on this project have been running in accelerated paces, and last year, there was an announcement about the completion of the mining railway, which links phosphate mines in Hazm Al-Jalameed with manufacturing zones in Ras Al-Khair on Arab Gulf with a length of 1,392 kilo meters. He expressed his thanks to and appreciation of the Government of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud and the Crown Prince for their support for this important strategic project that will enhance means of transportation and communications between the regions of the Kingdom of Saudi Arabia.
