Tue, Sep 2, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Funds, Property, Projects, Infrastructure more

Saudi state funds keep transport projects on track

Posted on 22 May 2009

From Aawsat.com: Saudi Arabia’s transport minister said all transport projects in the kingdom were on track and it was using state funds to push them forward given the high cost private sector borrowing.

Jebarah bin Eid al-Suraisry said on Wednesday the kingdom allocated 12 billion riyals ($3.2 billion) in its budget for some road and ports, underpinning the state’s plan to keep public funds flowing into key infrastructure projects…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930