Foreign Property News | Posted by Hnin Ei Khin
The causeway was first proposed during a meeting between King Hamad and King Abdullah Bin Abdul Aziz in September 2014 in Jeddah.[4] SNC Lavalin was appointed to undertake a feasibility study for the project.[5]
During a state visit by King Salman Bin Abdul Aziz to Bahrain in December 2016, the two countries signed an agreement to implement the project. They also agreed to undertake a study to build the causeway. The project will be funded by the private sector.[4][6]
25 kilometers and allow passenger trains, freight trains and vehiclesWork on the $4-billion King Hamad Causeway, connecting Bahrain to Saudi Arabia, is set to kick off by mid-2021 and will be completed in three years, reported Arab News, citing the Saudi ambassador to Bahrain.
"The tender for the King Hamad Causeway will be launched after six months," Abdullah Al Shaikh told the Saudi daily.
Al Shaikh estimated that the cost of the project ranges between $3 and $4 billion, adding that it will act as a new link between the two countries and will contribute to boosting trade in all fields, stated Al Shaikh.
The causeway will also include a rail line for the GCC network, cargo trains and vehicle, he added.
Ref : Property Report