Russian Railways Wins $800 Million Saudi Project

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PR - Russian Railways announced on Monday it had won an $800 million tender to build a 520-km (323-mile) rail line in Saudi Arabia. "The company received an official letter of invitation to talks today from the Saudi Finance Ministry for a contract worth around $800 million," the Russian railroad monopoly's press service said. The Russian company will build a line from Al Zabirah to the King Khalid international airport (Riyadh) in central Saudi Arabia, which will make up over one fifth of the North-South rail line in the Mideast state, which will have a total route of 2,400 km (1,500 miles).