Fund for Yemen railroad needed

Preparation of tender documents and contracts for the railway project to link Yemen with the International Railways in the Arab Mashreq was granted by Ministry of Transport to 21 multi-national companies out of 37. Implementation of Yemen railway will begin in 2011, continuing until 2025 during three separate phases.
 
The first phase will be implemented from 2011 to 2016, which will include the 578 km minerals line and the 729 km Aden-Harad line. The second phase, from 2017 to 2021, will cover the 386 km Aden-Balhaf line. The third phase of the project, which will be implemented from 2022 to 2025, includes the 766 km Balhaf-Shahen line. The cost of the three phases is approximately $3.5 billion, according to the financial and economic feasibility study organized in 2010 by the Transport Ministry in cooperation with the UN- ESCWA (United Nations-Economic and Social Commission for Western Asia), the Transport Ministry reported. The project will be financed through either the BOT system or the partnership between government and the private sector PPP, said Jamal Shawbal, the director of the railway department within the Ministry of Transport.
 
The project will provide more than 12,000 jobs to the Yemeni market. Other project outcomes will be the reduction of transportation costs and the improved efficiency and safety of traffic flows; the facilitation of land and multimodal transport; and the increased exchange of goods and tourists between member countries.
 
The study proposed that the project be implemented in three phases in order to ease the funding availability, the ministry said.
 
According to the study, there will be economic activity booms in Yemen such as agricultural, commercial, industrial, tourist areas in the light of service lines. The railway project aims to develop the international rail network in order to link the countries of the Arab Mashreq to each other and to all other Arab, Asian, African and European countries; and to standardize the technical specifications that must be met by network routes.

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