Assaf, Minister of Finance and Dr. Jabarah Bin Eid Al-Suraisiry, Minister of Transport, will sign the final phase of the Al-Haramain Train project on Saturday. The agreement is with the winning bidder, the Al-Sho'lahm consortium which consists of one Saudi and 14 Spanish companies, informed sources said. The signing will be in the presence of Abdul Aziz Al-Huqail, President of the Saudi Railways Organization (SRO), and Mansour Al-Maiman, Secretary General of the General Investments Fund. The fund is financing the Al-Haramain Train project. The agreement will see the purchase of 35 trains with 13 carriages, traffic signs and railway tracks, which will be installed by the Saudi-Spanish consortium. This phase will reportedly cost just over SR30 billion. It will include the consortium carrying out operations and maintenance for 12 years. Civil works for the project will be carried out by Al-Rajhi Consortium. They include the construction of train stations in Makkah, Madina, Jeddah and King Abdullah Bin Abdul Aziz Economic City. There has already been major progress in the construction of bridges, flood drainage culverts and pedestrian walkways. __
