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The Council of Ministers has decided that the Saudi Arabian Railways Company (Sar) will own all assets, including fixed and transferable operating assets, for all rail transport projects between the Kingdom's cities.
This includes, but is not limited to, the North-South Railway Project, the North Mining Promise Liaison Projects, the Jubail Intranet, the Riyadh-Dammam Railway. , the dry port of Riyadh and the Al Haramain Express railway project.
This is added to the ownership of the infrastructure of rail transport projects between the cities of the Kingdom, mentioned in point (II) of Resolution No. 381 of the Council of Ministers dated 8/9/1437 AH and to the assets of these projects mentioned in the Supreme Order Number (36575). 12/8/1438 e.
The decision was made after the Minister of Transport, Chairman of the Privatization Committee for the Transport Sector, reviewed the recommendation made by the Council on Economic Affairs and Development in this regard.
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