The $23 billion Riyadh Metro will be completed on schedule in 2019 and its budget is ring-fenced, a senior official said on Wednesday, quashing speculation the project could be scaled back or delayed following a slump in Saudi Arabia's oil revenues.
The Saudi Electricity Company (SEC) will provide 700 megawatts (MW) of electricity for the Riyadh Metro and Haramain Railway projects.
Prince Turki bin Abdullah bin Abdul Aziz disclosed here Thursday that 200 Saudi engineers will be working side by side with engineers from international firms in the multibillion riyal King Abdul Aziz Public Transportation (KAPT) project which is already in the first stages of implementation.
These iconic stations will transform Riyadh streets as they become the most visible elements of the city’s new world-class public transport system. By providing tranquil oases for travel, shopping and dining, these stations will place Riyadh Metro at the heart of city life.
Prince Khalid bin Bandar bin Abdulaziz, governor of Riyadh region and chairman of Riyadh Development Higher Commission, has officially opened the extension of Abu Bakr and Al-Oroubah roads through Riyadh Air Base and the tunnel project of the intersection of King Abdul- Aziz Road with Al-Oroubah road.