Saudi Arabia records 54% surge in industrial investments after expat fee waiver    King Salman Non-profit Foundation launched    Saqr Al-Jazeera Museum to host three-day celebration for Saudi Arabia's 94th National Day    Justice Minister Al-Samaani hails Saudi Arabia's ranking in UN e-government index    HADAF increases grace period to submit employment support requests to 330 days    Saudi Arabia ranks 14th in Global Al Index, first in the Arab world    Hierro addresses Telles' exit and Al-Nassr's future under new coach Pioli    Hattan Al Saif sets new Guinness World Record for fastest knockout in PFL MENA    Riyadh Season boxing participants showcase skills in public Wembley Arena workout    Saudi Women's Premier League enters third season with over 200 players from 20 nations    Saudi Central Bank cuts interest rate by 50 basis points    UN General Assembly demands Israel ends occupation of Palestinian territories    Japan firm says it stopped making walkie-talkies used in Lebanon blasts    Australian police infiltrate encrypted messaging app Ghost and arrest dozens    Ukraine claims to have destroyed large Russian ammunition depot    Major US labor union declines to endorse either Harris or Trump    Riyadh Light Festival 2024 to kick off on November 28    Superbug crisis could get worse, killing nearly 40 million people by 2050: Study    Jane's Addiction cancel tour after on-stage brawl    Saudi art icon Safeya Binzagr passes away    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Embracing change: A journey towards inner peace    JK Rowling in 'arrest me' challenge over hate crime law    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Drake & Scull Rail eyes major regional projects in 2015
Published in The Saudi Gazette on 22 - 03 - 2015

Drake & Scull Rail (DSR) is highly optimistic about its prospects of securing contracts on the major rail and urban transport projects underway in the region. The company has refined its manpower and technologies and is well equipped to assume leadership role in the development of the regional rail and metro networks.
Speaking on the sidelines of the company's participation at the 2015 Middle East Rail Summit, Khaldoun Al Tabari, CEO and Vice-Chairman of Drake & Scull International, expressed his confidence in DSR's potential growth for the industry in 2015.
“We saw some positive momentum towards the launching of the rail network creation activities in our region in 2014. Regional governments have recognized that rising populations have exerted pressure on existing road infrastructure, and only a dedicated rail and metro network can ensure swift and efficient transport of people and goods. According to an Ashurst study in November 2014, the GCC Rail alone is expected to span 2100 km in length, with the UAE and KSA constituting the bulk of the rail network. However, the recent uncertainty regarding the 2018 launch target for the ambitious GCC rail has tempered the regional industry's expectations to realistic levels.”
Moreover, he said “if we look across the region, Abu Dhabi has committed to spending $82 billion on enhancing its transport infrastructure by 2030 as per “Plan Abu Dhabi 2030”, the Dubai government recently launched the Tram network which it aims to expand along with the Dubai Metro which has been a runaway success. In KSA, the Saudi Railways Commission is developing the $5.3 Billion Saudi Railway Company Line, the Landbridge project, the $7 Billion Haramain High Speed Rail and the $15 Billion Makkah Mass Rail Transit project. The $12 Billion Jeddah Metro and $22 Billion Riyadh Metro too are gaining traction, with significant project awards expected this year. Moving onto Qatar, conservative estimates have pegged Qatar's spend on the Qaar Integrated Rail programme to be in the region of $40 Billion, with the Doha Metro being crucial to address the need for urban transport in the context of the 2022 FIFA World Cup.
“We have made significant progress and are tendering for many of the high profile rail projects in the GCC. We have entered into strategic partnerships with leading rail experts from around the world on several of these tenders, and are very confident about securing a major portion of the MEP works on some of these projects, “ he further said.
“Our work on the Dubai Airport Passenger Movement Rail, along with our rich experience in the development of rail networks, depot, tunnels and stations proves our strong engineering foundation, and our familiarity with the region's safety standards. Our ability to offer European engineering skills, with our extensive regional footprint through Drake & Scull's global network of offices, and our proven track record of major rail works remains unmatched and we look forward to helping create a robust rail network in the regional that will prove to be a boon to the region's commerce and local population.”
Drake & Scull Rail is an internationally recognized enterprise with a proven record of over 40 years, in delivering turnkey rail construction and maintenance projects in Europe and East Asia. Drake & Scull Rail offers complete EPC solutions for all systems and services for Stations, Depots and Tunnels, catering to industrial, manufacturing, governmental and railroad clients across MENA and South Asia.
Formed by global construction giant Drake & Scull International PJSC, Drake & Scull Rail have completed many rail projects in the UK and Far East rail markets covering a range of complex requirements for railway engineering systems. These projects include underground metro networks, high-speed rail, urban commuter rail, and iconic rail terminus' and rolling stock maintenance depots.
Based in UAE, Drake & Scull Rail have the ability to address the needs of the growing rail sector in the MENA region, utilizing Drake & Scull International PJSC's network of global offices, with the capability to undertake railway system projects, MEP and civil works in-house. — SG


Clic here to read the story from its source.