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Will the concessionaire take over the existing operations of SRO, including all the existing personnel?
Yes, the concessionaire will take over the existing operations of SRO and will find it beneficial to retain the accumulated experience of SRO's personnel.
Are there precedents in Saudi Arabia for the transfer of personnel and the assumption
by a private sector entity of responsibility for Saudi civil servants?
Saudi Telecom Company ("STC") is a recent example. Although there is much to be learned from STC's
experience, we believe that SRO's case must be handled on its own merits.
What are your expectations/intentions regarding Riyadh Dry Port?
Riyadh Dry Port is an asset of SRO and will most likely be treated in the same manner as other SRO assets.
What inter-relationship do you envisage between the Saudi Landbridge and the
Makkah-Madinah Rail Link?
KSA will proceed with these two projects as two distinct concessions. However, it is foreseen that the
two projects will share at least one common passenger station.
How will the proposed North-South Railway interface with the Saudi Landbridge?
The North-South Railway will be primarily for transport of minerals from mines located in northern Saudi
Arabia to the industrial city of Jubail. It may use the portion of the Landbridge between Riyadh, Dammam
and Jubail. Similarly, Landbridge traffic will have the right to use the North-South line.
Will there be any kind of guarantee about competing modes?
The main competing mode for the Saudi Landbridge is the existing untolled road network. As this network
has been built relatively recently it is in good condition, the SRO believes that bidders will have a good
idea of the competitive landscape.
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Will the concession for the Saudi Landbridge project be governed by Saudi Law?
The concession will be governed by Saudi Law.
Do you think it will be possible to raise limited recourse finance against the concession?
Limited recourse financing is common for projects in Saudi Arabia and the Gulf.
What are your thoughts on regulation?
On a project of this nature with multiple users, we must ensure appropriate regulations are in place to protect all interested parties. |
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