Project Name
Territory
Client
Description
Budget ($)
Tender Cost ($)
Post Date
Invitation Date
Closing Date
Period
Last Updated
Status
Remarks
Landbridge Railway Project
Saudi Arabia
Saudi Railways Company (SRC)
Construction of 1,065-kilometre-long Landbridge project comprising a
passenger and cargo railway line.
7,000,000,000
October 17, 2004
January 31, 2009
2016
October 12, 2011
Current Project
Updated On : October 12, 2011
Saudi Arabia's Council of Ministers has approved plans to build this mega
project. It will be financed by the state-owned Public Investment Fund. As yet,
it has not been disclosed when the successful contractor will be appointed. The
scheme is expected to be completed in four years.
Updated On : September 27, 2011
It is understood that the client is expected to make a decision soon on how to
proceed with this stalled project. It has not yet been confirmed whether the
client will award the contract on a BOT basis or if it will re-tender the scheme
using a simpler engineering, procurement and construction (EPC) contract. No
official announcement has been made, but most likely the landbridge will be a
government project.
Updated On : March 22, 2011
The project is still on hold. Client has completed reviewing the financial bids
from four pre-qualified consortiums, which are headed by Kuwait's Agility
Logistics, local Mada consortium, local Saudi Binladin Group and AlMuhaidib/ACWA (Tarabot). It is not yet confirmed whether the client will
award the contract on a build, operate and transfer (BOT) basis or if it will retender the project using a simpler engineering, procurement and construction
(EPC) contract.
Updated On : April 6, 2010
State-owned Saudi Arabian Railways (SAR) has become the sole owner of this
development. The stalled project is expected to move ahead this year. The
client, which handed over operations to SAR, was originally scheduled to award
construction contracts in the first quarter of 2010.
Updated On : August 27, 2009
It is understood that the project has been put on hold, while it moves from
build-operate-transfer (BOT) to engineering, procurement and construction
(EPC) contract.
Updated On : August 10, 2009
The BOT contract is now expected to be awarded in October 2009.
Updated On : July 6, 2009
This project is being delayed as speculation mounts that the government will
step in to fund the scheme. Contractors hoping to work on the project are not
expecting any progress before early 2010. The government may now convert
this project, originally proposed as a 50-year BOT deal financed through debt,
into a state-funded public procurement scheme, which has long been called for
by the banks.
Updated On : June 25, 2009
The BOT contract is yet to be awarded.
Updated On : March 8, 2009
Saudi Arabia's Shura Council has approved plans to close Saudi Railways
Organisation (SRO) and replace it with a new regulatory body to oversee the
Kingdom's rail programme. The move paves way for an award on this scheme.
SRO is being wound up to avoid a conflict of interest arising from its dual
status as a client on the project and owner of the existing section of track
between Riyadh and Dammam, which will form part of the route. SRO will
hand over ownership of the rail line to a new joint stock company, the Saudi
Land-Bridge Company, which will run the project once a contract is awarded.
Updated On : February 26, 2009
A joint bid by the consortium led by local firms ACWA Power and Saudi
Binladin Group is poised to win the much-delayed contract on this scheme.
The group submitted lowest of three bids, which is understood to be worth $7
billion-$9 billion. The bid is now undergoing a technical and financial
assessment by the Saudi government, although no timetable for a formal
contract award has been put forward.
Updated On : January 27, 2009
The two leading consortiums, Tarabott and Tracc, have opened merger
discussions to launch a joint bid for this project. It is understood that talks are
still at an early stage, with no firm decision taken on the formation of a new
group.
Updated On : January 19, 2009
Contractors have been invited to submit revised bids for the BOT contract by
the end of this month.
Updated On : December 24, 2008
The client has re-opened the bidding process on this scheme and asked all four
original consortiums to submit revised financial proposals. This move has been
initiated in the light of global financial crisis and falling raw material costs, in a
move designed to achieve more accurate costs for completing the railway.
Updated On : September 7, 2008
This project is facing delays because of deteriorating relationship between the
client and the Tarabot consortium. The client and its adviser UBS are in final
stages of choosing between rival bids submitted by Tarabot group and the
second-placed Tracc consortium, which is led by Saudi Binladin Group. An
award is expected in the fourth quarter of this year.
Updated On : March 15, 2008
Tarabot consortium, led by Arabian Company for Power & Water
Development (Acwa Power), has been selected as preferred bidder for the BOT
contract. Official signing of the contract is expected soon.
Updated On : December 7, 2007
It is understood that the main BOT contract will be awarded in the beginning of
2008.
Updated On : December 4, 2007
It is understood that the client has signed a $21 million contract with US’
Freight Car America to supply 200 double stacking railcars.
Updated On : November 15, 2007
Four pre-qualified consortiums have submitted bids for a contract to build the
Land bridge. Local Mada, Kuwait's Agility Logistics and local Saudi Binladin
Group head three of the bidding teams. The fourth, the Tarabot consortium,
includes Korea's Samsung Corporation and Australian rail group Pacific
National. Technical and financial analysis of the four bids has now begun. The
client aims to announce a winning bidder in the first quarter of 2008.
Updated On : August 31, 2007
Bids for the Land-bridge scheme are to be submitted in the first week of
November 2007, after a series of delays. Final consultations are now underway
between the client, its advisers UBS and the four consortiums bidding on the
project. A meeting is to be held in Al-Khobar on September 03, 2007 to clear up
final technical questions. Four consortiums have been invited to bid. The first
three are led by local group Mada; Kuwait's Agility Logistics; and Saudi
Binladin Group, with El-Seif Group. The fourth consortium includes Korea's
Samsung Corporation and Australian rail group Pacific National.
Updated On : May 10, 2007
This project has been postponed indefinitely, as the client is experiencing
difficulties to co-ordinate between the Ministry of Transport & Municipalities
and local authorities to acquire the corridor of land required.
Updated On : March 10, 2007
The client has invited four groups to submit proposals by December 2007 for
the BOT contract, as the project moves forward after a series of delays. The
groups are local Mada; PricewaterhouseCoopers; Saudi Binladin Group, with
local El-Seif Group; and France's Bouygues, with UK's Lazard.
Updated On : July 27, 2006
Request for proposals (RFPs) on this scheme will be issued by the end of 2006.
Meetings have been held to start work on recourse and revenue clarification
with each of the four pre-qualified consortiums.
Updated On : June 22, 2006
Meetings have been held with the four consortiums pre-qualified for the BOT
contract. At the meetings, pre-qualifiers were invited to review details of the
BOT contract in advance of the release of tender documents.
Updated On : June 14, 2006
The client has finalised the list of pre-qualifiers for the BOT contract on this
scheme. Four consortiums have been pre-qualified to submit technical and
commercial proposals. They are Saudi Binladin Group comprising El-Seif
Engineering Contracting, Deutsche Bahn, Mitsui & Company; France's
Bouygues with Consolidated Contractors International Company (CCC),
Athens-based CMA CGM, France's Orascom Construction Industries, Egypt's
Abdullatif & Mohammed al-Fozan Development Company and Omran alOmran & Partners; local Mada Company for Industrial & Commercial
Investment (Al-Rajhi Investment Group) comprising Canada's SNC Lavlin and
Kuwait-based United Arab Shipping Company; and Kuwait's PWC Logistics
with Gulf Investment Corporation, local Al-Faisaliah Group and Almunajem
Group. The 30-year concession was due to be awarded by the third quarter of
2006, although this is now likely to be towards the end of 2006.
Updated On : March 22, 2006
A decision is still pending by the government on the pre-qualification short-list
for this project.
Updated On : December 23, 2005
The RFP documents plus an announcement on the pre-qualification list were
scheduled to be issued in late November 2005, but have been delayed.
Evaluation of pre-qualification applications is still underway. The release of
RFP has now been put back until early next year.
Updated On : October 8, 2005
The client has announced names of the nine consortia, which submitted prequalification applications for the BOT contract. They are:
Group 1 - France's Bouygues, CMA CGM; Athens-based Consolidated
Contractors International Company (CCC); Egypt's Orascom Construction
Industries; local Abdullatif & Mohammed al-Fozan Development Company
and Omran al-Omran & Partners.
Group 2 - Local Haif Trading & Contracting Company and Italy's Valente.
Group 3 - Kuwait's PWC Logistics, Gulf Investment Corporation; local AlFaisaliah Group and Almunajem Group.
Group 4 - Saudi Binladin Group; local El-Seif Engineering Contracting;
Germany's Deutsche Bahn, Siemens; and Japan's Mitsui Corporation.
Group 5 - Russia's CJSC Association - ENGEOCOM.
Group 6 - Local ASTRA Group and Japan's Sojitz Corporation.
Group 7 - Spain's Obrascon Huarte Lain (OHL), US' Kellogg Brown & Root
and UK's DHV International.
Group 8 - Local Al-Shola Group, Germany's Philipp Holzmann International,
Singapore's Omnico Group and South Korea's Young Lim.
Group 9 - Local Al-Rajhi Investment Group, Canada's SNC Lavalin and local
United Arab Shipping Company.
Updated On : September 22, 2005
Nine international and local consortia have submitted applications for prequalification on this scheme. Under the client's schedule, a short-list for the
BOOT contract will be drawn up in October 2005, which will be followed by
the release of request for proposals (RFP) in November 2005.
Updated On : August 7, 2005
The client has extended the deadline to September 04, 2005 for receiving prequalification applications from international consortia. This extension is in
response to demands by companies intending to bid for the project.
Updated On : May 16, 2005
More than (100) local and international companies have expressed interest to
the request for pre-qualification (RFP) on this project and are due to submit
their RFQ documents on August 15, 2005. Under the client's schedule, a shortlist on the BOT scheme will be drawn up in October 2005, which will be
followed by the release of request for proposal (RFP) documents to prequalified firms in November 2005. Bids are due to be received by the client in
May 2006, with a concession to operate the land-bridge rail link to be awarded
in the third quarter of 2005.
Updated On : February 20, 2005
The client plans to appoint a private sector concessionaire on this scheme in the
third quarter of 2005. Under the current updated schedule, pre-qualification on
the BOT scheme will now be launched by April 2005, which will be followed
by the release of tender documents to pre-qualified firms in the third quarter of
2005. Bids are due to be received by the client in the first quarter of 2006, with
the concession to be awarded in the third quarter of 2006.
Updated On : February 9, 2005
A team of US' Parsons Brinckerhoff (PB) and Saudi Consulting Services
(SaudConsult) has been awarded the contract to carry out a route alignment
study on this planned land-bridge project. Under the $3 million contract, the
US/local team will study environmental and geological aspects of the planned
railway expansion, as well as options on upgrading the existing passenger rail
track running between Riyadh and Dammam. The study is due to be completed
within six months.
Updated On : December 25, 2004
The client is preparing to launch the pre-qualification process in January 2005
for the first of two railway concessions to be tendered in 2005. A meeting with
potential bidders and investors for the land-bridge project - connecting the
industrial city of Jubail in the Eastern Province with Jeddah in the west via
Dammam and Riyadh - is scheduled to be held in London in the same month.
The pre-qualification process will be followed later in the year by the award of
the concession to a private consortium, which could include construction and
rail operating companies, equipment suppliers, shipping lines, financial
institutions and passive investors. The so-called land-bridge railway will
eventually provide a seamless connection between Jubail and Jeddah. It will be
largely dedicated to freight transport, although limited passenger services will
be offered. The concession will be granted for an agreed period of time, which
could be anywhere between 20 years and 50 years. A second concession for a
new 570-kilometre rail network in the west, which will link Jeddah, Makkah,
Medina and Yanbu, could also be tendered in 2005. The western network will
largely be dedicated to passenger services, with the Jeddah-Makkah link to be
served by a high-speed train system.
Updated On : August 17, 2004
The advisory team on this project has been completed following the
appointment of London-based Linklaters as legal adviser. It will work in
partnership with the Saudi Law Office of Abdulaziz H Fahad. The client plans
to invite consortia to pre-qualify for the BOT contract on the two railway
concessions in late 2004.
Updated On : March 15, 2004
French railway operator Societe Nationale des Chemins de Fer (SNCF) has
been awarded the mandate to provide technical advisory services on this
scheme. The appointment of SNCF, which had been expected for some time,
has already been approved by the Supreme Economic Council (SEC). SNCF
joins the financial advisory team comprising NCB and UBS. Under the advisory
mandate, SNCF, NCB and UBS will provide services on two components of the
railway expansion programme - the east-west railway, linking Riyadh with
Jeddah, and the western railway, which will connect Jeddah, Makkah, Medina
and Yanbu.
Updated On : December 25, 2003
National Commercial Bank (NCB) and UBS Warburg have been awarded the
joint mandate to advise the client on how to proceed with this project. The
financial advisers will form a consortium together with a technical adviser,
which has yet to be appointed. It is understood that French railway operator
Societe Nationale des Chemins de Fer (SNCF) is in line to win the technical
advisory mandate. An award is expected in early 2004. The client also plans to
invite pre-qualification in the second half of 2004 for the two railway
concessions from consortia comprising construction companies, equipment
suppliers, shipping lines, rail operators and financial investors. Invitations to bid
(ITBs) are due to be released to pre-qualified consortia in late 2004.
Construction is expected to take three-four years.
Updated On : November 29, 2003
The client has recommended a team of three international advisers to the
Supreme Economic Council (SEC) to advise on how to proceed with the
expansion of the railway network. Under the programme, two concessions will
be awarded to foreign consortia covering two components - the east-west
railway, linking Riyadh with Jeddah, and the western railway, which will
interconnect Jeddah, Makkah, Madinah and Yanbu. The consortium in line for
the technical and financial advisory mandate is understood to comprise
National Commercial Bank (NCB), UBS Warburg and French railway
operator Societe National des Chemins de Fer Francais (SNCF). The selected
team has still to be approved by the SEC. Bidding is also underway for the legal
mandate on this project, with an appointment expected by February 2004. The
successful legal adviser will make recommendations on changes to the legal and
regulatory environment to allow private sector involvement in the railways, and
advise on the merger of Saudi Railways Organisation (SRO) with the future
concessionaire of the east-west link.
Updated On : January 2, 2003
The client has short-listed eight international groups to bid for the consultancy
contract on this project. They are Citigroup, Saudi American Bank and
Kellogg Brown & Root; Credit Agricole Indosuez, Banque Saudi Fransi, WS
Atkins, Fleischmann Consulting and Consulting Centre for Finance &
Investment; Ernst & Young, Jacob Gibb Engineering and Jacobs
Consultants; Macquarie Bank, Saudi Hollandi Bank, IBI Group and Aecom
Technology Group; PricewaterhouseCoopers and Parsons Brinkerhoff; Gulf
International Bank, Royal Bank of Scotland, Booz Allen Hamilton, Fluor
Corporation and Fluor Daniel; Sumitomo Mitsui Corporation, Norton Rose,
Merchant Bride and Steer Davies Gleave; UBS Warburg, National
Commercial Bank and SNCF International.
Updated On : November 17, 2002
The client has extended the bid deadline to December 21, 2002 for EOI from
international law firms.
This project is in Saudi Arabia. Scope of work involves construction of a 950kilometre line between Riyadh and Jeddah, plus another 115-kilometre line
between Dammam and Jubail. The scheme also covers expansion of the
existing Riyadh to Dammam Railway. Once completed, the nation's first link
between the Red Sea and Arabian Gulf will see freight speed between Jeddah
and King Abdul Aziz Port in Dammam. It is seen as a vital transport link
between east Asia and Europe, and will dramatically cut cargo transit times
between Asia, Europe and America via Jeddah's Red Sea port. The design speed
of passenger trains is expected to be 250 kilometres per hour and 140 kilometres
per hour for freight trains, making the trip between Dammam and Jeddah around
12 hours for cargo. Several studies on the project covering technical, financial
and legal issues have been conducted by highly reputable organisations on behalf
of the Government of Saudi Arabia. The client has invited Expressions of
Interest (EOI) by November 10, 2002 from reputed world-class International
Law Firms with necessary experience of providing legal advice for comparable
railway transactions. The adviser will be required to conduct due diligence,
suggest new decrees, rules and regulations and amend existing ones for
regulating the operation of the railway in the private sector, suggest laws
governing safety regulations, suggest constitution of bodies for monitoring the
enforcement of rules and regulations, help in the preparation of tender
documents, draft legal documents and assist in negotiations with the selected
investors. It is required that the International Law Firm engages or have an ongoing association with a reputed and qualified local Saudi Law Firm to perform
jointly the required services. Detailed Terms of Reference will be supplied to the
short-listed advisers that would be invited to submit financial proposals.
Specialist
Consultant-3
Financial
Consultant
Specialist
Consultant-1
Specialist
Consultant-2
Master Plan
Consultant-1
Master Plan
Consultant
Specialist
Contractor(1)
Saudi Consulting Services (SaudConsult) - Saudi Arabia
National Commercial Bank - NCB (Saudi Arabia)
Linklaters (UK)
Parsons (Saudi Arabia)
Zuhair Fayez Partnership Consultants (Saudi Arabia)
German Corporation for Technical Cooperation (Saudi Arabia)
Freight Car America (USA)
Tender
Categories
Bridges
Municipal Services
Housing Projects
Industrial & Special Projects
Back..
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Territory
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Client
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Description
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Budget ($)
Tender Cost ($)
Post Date
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Invitation Date
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Period
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Remarks
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Status
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Remarks
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