Tenders for $4bn Saudi-Egypt causeway this year


  • Share via facebook
  • Tweet this
  • Bookmark and Share

Bids for the causeway which will link Saudi Arabia to Egypt are expected to be invited by the end of this year.

The 21km causeway will be implemented as a Build-Operate-Transfer (BOT) contract and is estimated to be worth around US $4 billion (SR15 billion).

The project that was announced last year was later dismissed by the Egyptian government, but was again flagged up at Meed's Arabian Construction Summit in Abu Dhabi last month.

The causeway will link Ras Humaid in the northern Saudi region of Tabuk to the Red Sea resort of Sharm el-Sheikh and will pass through Tiran Island at the entrance of the Gulf of Aqaba.

Speaking at the conference, Mohamed Ali, regional director, Cowi said that the project was still under discussion with the governments of Saudi Arabia and Egypt.

A source close to the Qatar-Bahrain causeway also said that this project was definitely going to go ahead, although a few ‘issues' surrounding the contract had to be ironed out before work on the project could begin.

The source said: "It could be another two years before bids for the main construction contract are invited for this causeway, which could cost anywhere between $8 billion to $13 billion. We've only just finished the concept design."

Qatar is on an accelerated drive to build bridges and causeways with neighbouring GCC states including Bahrain and maybe even the UAE, in order to become more accessible by road to these countries.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Revealed: GCC's top 10 developers

Revealed: GCC's top 10 developers

The biggest players behind many of the region's most ambitious...

Mall talk

Mall talk

Plans for Dubai’s Mall of the World have made headlines all over...

1
Qatar's labour requirements

Qatar's labour requirements

Qatar’s Supreme committee has published worker welfare standards...

2
Most Popular
Most Discussed