Saudi Arabia to build 8,000 km of railway, enact new investment law | Reuters
Saudi Arabia will build 8,000 km (4,971 miles)of railway across country and is also preparing a new investment law to address the needs of investors, its investment minister Khalid al-Falih said on Wednesday.
"New rail that will criss-cross the kingdom and add to the network we already have," Falih told a mining forum in Riyadh.
He also said his ministry was working on a new investment law that would address the needs of both domestic and international investors.
The law would be enacted this year, "hopefully sooner", Falih said, which would add to other regulatory and judicial reforms introduced by the kingdom.
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