Saudi Spends $22 Billion on Riyadh Metro Line Construction - Bloomberg:
"Saudi Arabia awarded more than $22 billion in contracts to develop a metro line in Riyadh as the world’s biggest oil exporter joins Dubai and Qatar in expanding transport networks.
The kingdom gave Bechtel Group Inc. a $9.4 billion contract, Fomento de Construcciones y Contratas one valued at $7.8 billion, and awarded Ansaldo STS SpA (STS) a $5.2 billion deal. Shares of FCC jumped to the highest level in six months.
Six lines will serve the capital city’s center, government facilities, universities, commercial areas, the airport and the financial district, according to the project’s website."
'via Blog this'
No comments:
Post a Comment