Ksa UPDAte
Haramain High-Speed rail Project The $1.9 billion 450km Makkah to Madinah rail link will be fully electric-run and equipped with the latest signalling and communications system. Developed by Saudi Railways Organisation (SRO), high-speed trains equipped with the latest techniques and equipment will be provided. Five passenger stations are being built in the first phase, including two in Makkah and two in Jeddah, in each of the downtown areas, and in King Abdulaziz International Airport, and the fifth station will be in Madinah. It is expected that one more station will be established in the second phase in King Abdullah Economic City in Rabigh.
King Abdullah Financial Centre is intended as a fully self-contained centre for doing business and facilitating investment and enterprise.
King Abdullah Financial centre Saudi Arabia’s financial district will be built close to the business centre of Riyadh. The site is 1.6 million m² and the development will have a floor space of three million m². Having started construction in 2007, the owner, Public Pension Agency, describes the development as a fully self-contained centre for doing business and facilitating investment and enterprise. The project calls for the design and construction of 28 buildings that will form the centre in Riyadh. Saudi Binladin Group has been awarded the main contract and the development is expected to be completed by March 2012.
Abdulrahman University in riyadh A modern aquarium will be an attraction at the financial centre.
“mULti-BiLLioN doLLAr iNvEstmENts iN iNfrAstrUctUrE ArE EXpEctEd to crEAtE 100,000 NEW joBs pEr yEAr”
King Abdullah Economic City is expected to include a golf course.
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THE BIG PROJECT
February 2010
Expected to be completed by 2012, Saudi Arabia’s first university for women is expected to cover eight million m², with a built-up area of three million m², situated on King Khalid International Airport Road, north of Riyadh. The university comprises 13 administration buildings, a 700-bed student hospital, laboratories, research centres and a residential area, including student- and staff accommodation. The university will be able to capacitate 26,000 students. TBP
Situated in Riyadh, King Abdullah Financial Centre calls for the design of 28 buildings that will form the focal point to be completed in 2012.