Saudi road projects allocated $707 million
Under the current five-year city development plan, 2.650 billion Saudi riyals ($706.5 million) have been allocated to road construction in Riyadh, according to a recently published report by the city’s development authority. The Al-Watan daily reports that projects include laying new roads as well as repairing existing ones.
Road maintenance is a major component of Riyadh’s strategic development plan, in response to the sharp increase in traffic that the city has experienced.
Saudi Arabia has undergone massive development in its road and highway system in recent years. Between 1980 and 1985 paved roads expanded at an annual average rate of 15.8 percent. By 1995, the Saudi road network reached 95.249 kilometers, and in early 1992, there were about 60 road-building projects in progress.
By 1999, there were over 150,000 kilometers of paved and non-paved roads in Saudi Arabia. Investment in these road projects totaled some SR 140 billion. ― (MENA Report)
© 2001 Mena Report (www.menareport.com)
- Saudi government invests $189 million in road project
- Saudi Investment in Road Network Construction, Maintenance
- Saudi Arabia: MODON allocated 407 plots of industrial lands worth industrial capital estimated at more than SR24 billion
- Oman allocates $50 million to road construction
- Jordan reveals Saudi-funded projects