Tuesday, 12 October 2010

India plans foray into Saudi railway business: Minister - The Times of India

India is planning to enter Saudi Arabia, starting with the operation of a major mineral railway that will link the country's northern Jalamid region with Ras Azzour, near the industrial port city of Jubail, E Ahamed, India's minister of state for railways has said.

Ahamed, who was speaking on the sidelines of a community reception in Riyadh, said that some projects were "being identified, while some are in the pipeline".

The minister said that while it was too early to talk about the projects in which Indian Railways would be involved in, India's state-owned Rites Company would be involved in the operation of the new 1,486-kilometre North-South railway.

Read more: India plans foray into Saudi railway business: Minister - The Times of India http://timesofindia.indiatimes.com/business/india-business/India-plans-foray-into-Saudi-railway-business-Minister/articleshow/6735123.cms#ixzz12AIxtBb0

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