© 2013 MEED Insight

All the project information in this presentation

is sourced from MEED Projects

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2 © 2014 MEED Projects

The global rail industry - 2013

© 2014 MEED Projects

Rank Country Name Length of operational track (km) 1 United States 228,218

2 Russian Federation 84,249

3 China 66,298

4 India 64,460

5 Canada 52,002

6 Germany 33,509

7 France 30,013

8 Brazil 29,817

9 Mexico 26,704

10 Argentina 25,023

11 Iran, Islamic Rep. 8,368

18 Egypt, Arab Rep. 5,195

20 Algeria 4,691

22 Sudan 4,313

41 Tunisia 2,165

42 Syrian Arab Republic 2,139

43 Iraq 2,138

45 Morocco 2,109

53 Saudi Arabia 1,412

63 Mauritania 728

67 Jordan 509

Total global 993,211

Source: World Bank

Length of MENA rail

3 Source: MEED Insight


Length of existing and planned tracks (km)

Existing Planned

Bahrain 0 245

Kuwait 1.2 >500

Oman 0 >2,500

Qatar 0 >750

Saudi Arabia 2,415 >10,000

UAE 324 >1,200

Afghanistan <100 >1,500

Jordan 509 897

Lebanon 0 0

Gaza/West Bank 14 473

Algeria 4,691 7,105

Egypt 5,195 2,111

Libya 0 3,104

Mauritania 728 430

Morocco 2,109 1,526

Sudan 1,566 3,143

South Sudan 248 492

Tunisia 2,165 894

Western Sahara 5 0

Total 19,970 >36,000

Market size

4

Value of MENA rail projects planned or under construction ($m)

Source: MEED Projects © 2014 MEED Projects

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

Design

Execution

Main Contract Bid

Main Contract PQ

Study

A total of $427bn worth of rail

projects planned or under

construction in the MENA region

Rail projects

5

Top 20 largest rail and metro projects awarded and under execution in the Middle East

Source: MEED Projects © 2014 MEED Projects

Project Country Value ($m) Year

ADA - Riyadh Light Rail Transit (Riyadh Metro): Lines 1 & 2 KSA 9,289 2013

SRO - Haramain High-Speed Rail Network (HHR): Phase 2 KSA 8,396 2011

ADA - Riyadh Light Rail Transit (Riyadh Metro): Lines 4, 5 & 6 KSA 7,820 2013

ADA - Riyadh Light Rail Transit (Riyadh Metro): Line 3 KSA 5,942 2013

QRAIL - QIRP: Doha Metro: Systems, Rolling Stock and Track Work Qatar 4,129 2015

TUSRC - Tehran Metro : Line 6 Iran 4,000 2006

TUSRC - Tehran Metro : Line 7 Iran 4,000 2006

QRAIL - QIRP: Doha Metro: Gold Line: Tunneling Works Qatar 3,300 2014

SRO - Haramain High-Speed Rail Network (HHR): Phase 1: Package 1 (Civil

Works) KSA 2,871 2009

QRAIL - QIRP: LRT: Lusail Light Rail: Phase 2 Qatar 2,722 2014

QRAIL - QIRP: Doha Metro: Green Line: Tunneling & Main Stations Works Qatar 2,520 2013

QRAIL - QIRP: Doha Metro: Red Line North: Tunneling Works Qatar 2,184 2013

ANESRIF - Oued Tlelat to Akid Abbès : Phase 1 Algeria 1,815 2007

IIRR - Mashad to Chabahar Railway Line Iran 1,800 2011

ANESRIF - Oued Tlelat to Akid Abbès : Phase 2 Algeria 1,633 2010

Ministry of Roads & Urban Development - Arak-Kermanshah-Khosravi Iran 1,500 2014

QRAIL - QIRP: Doha Metro: Red Line South: Tunneling Works Qatar 1,500 2013

ANESRIF - Relizane - Tiaret - Tissemsilt Railway Line Algeria 1,300 2010

SRO - Haramain High-Speed Rail Network (HHR): Phase 1: Package 2 KSA 1,287 2011

SRO - Haramain High-Speed Rail Network (HHR): Phase 1: Package 2 ( KSA 1,267 2011

Top contractors

6 Source: MEED Projects

Top 10 MENA Contractors Based on Rail Work Under Execution ($m)


0 500 1,000 1,500 2,000 2,500 3,000 3,500

Yapi Merkezi

Samsung C&T

Al Rajhi Holding Group

Impregilo

Siemens

Almabani

Cosider Groupe

Larsen & Toubro

Bechtel Corporation

Consolidated Contractors

Top future projects


Top 15 selected future rail projects in the MENA region


Project Country Value ($m) Status

SRO - Riyadh Dammam High-Speed Rail Saudi Arabia 14,000 Study

TUSRC - Tehran Metro: Line 8, 9 and Four Express Lines Iran 10,000 Study

Eastern Province Municipality - Dammam Metro Saudi Arabia 9,000 Study

Jeddah Metro Company - Jeddah Metro: Orange & Blue

Lines Saudi Arabia 8,000 Main Contract PQ

KAPP - Kuwait National Rail Road : Phase 1 Kuwait 8,000 Study

Ministry of Transportation - Light Rail Network Bahrain 7,900 Study

KAPP - Kuwait City Metropolitan Rapid Transit Kuwait 7,000 Study

SAR - Saudi Landbridge Saudi Arabia 7,000 Design

QRAIL - QIRP: Passenger & Freight Rail Qatar 5,500 Main Contract PQ

Musanada - Abu Dhabi Metro UAE 5,100 Main Contract PQ

QRAIL - QIRP: Doha Metro : Phase 2 Qatar 5,000 Study

SRO - Yanbu Jeddah Jizan and Taif Khamis Mushayt Abha

Rails Saudi Arabia 4,200 Study

Mecca Municipality - Mecca Metro: Line A Saudi Arabia 4,000 Study

Mecca Municipality - Mecca Metro: Line D Saudi Arabia 4,000 Study

Mecca Municipality - Mecca Metro: Phase 1 (Lines B, C):

Part 1: Package 3 (SYS) Saudi Arabia 3,547 Main Contract Bid

Top future clients


Top 10 MENA rail clients by value of planned projects ($m)


0 10,000 20,000 30,000 40,000 50,000

T.C. Devlet Demiryollari (TCDD)

Jeddah Metro Company

Egypt Ministry of Transport

Qatar Rail Company

Saudi Railways Organisation

Kuwait Authority for Partnership Projects

Mecca Municipality

Oman Rail

Agence Nationale d'Etudes et de la Realisationdes Investissements Ferroviaires

Iraq Ministry of Transport

The GCC Railway

9 Source: LGV Maroc

The GCC Railway network


States Length of GCC line (KM)

Kuwait 145

Bahrain 36

Qatar 283

Oman 306

UAE 684

Saudi Arabia 663

Total 2117

Kuwait – the only PPP system

10 Source: MEED

Kuwait planned rail network


The Kuwait National Rail Road

System will be an integrated rail

network with 511 kilometers double

track total length.

The mainline system will serve

freight and passengers and will

have a 120 km/hr regional lines

speed and a 200 km/hr high speed.

The project will be implemented as

a build, operate, and transfer (BOT)

agreement. The project is currently

in the feasibility study phase.


Long distance rail

© 2014 MEED Projects Source: MEED; QRail

Contractor groups

prequalified for phase 1

DB contract

Tender expected to be

issued early 2016

Tender issued for PMC

contract

Qatar mainline



Prequalified contractor groups

• Acciona Infraestructuras, S.A.- Consolidated Contractors Group S.A.L. (CCC)- Tecnimont S.p.A- Teyseer

Contracting Company W.L.L. Joint Venture

• Al Habtoor Leighton LLC- Dragados, S. A.- Al Jaber Trading & Contracting Co. W.L.L. Joint Venture

• Archirodon .- China Communications Construction Company Ltd.- Contraco W.L.L. Joint Venture

• Astaldi S.p.A.- Al Jaber Engineering Company LLC- Samsung C&T Corporation Joint Venture

• China Railway Signal & Communication Corporation Limited- China Railway 11 Bureau Group Corporation-

China Railway Engineering Consulting Group Co., Ltd.- MAN Enterprise Qatar W.L.L. Joint Venture

• Daewoo Engineering & Construction Co., Ltd- Rizzani de Eccher S.p.A.- Redco International Trading &

Contracting WLL Joint Venture

• Eiffage- Six Construct Limited- Midmac Contracting Co. W.L.L. Joint Venture

• FCC Construccion, S.A.- Qatar Building Company, JLC- Yuksel Insaat A.S. Joint Venture

• Ferrovial Agroman, S.A.- Hyundai Engineering & Construction Co., Ltd.- Al Jaber and Partners-

Construction & Energy Projects (WLL) Joint Venture

• Grupo Isolux Corsan, S.A.- Cooperative Muratori & Cementisti - C.M.C di Ravenna Societa Cooperativa-

Construction Development Company LLC (CDC) Joint Venture

• ITINERA S.p.A.- China Civil Engineering Construction Corporation- SAIPEM S.p.A.- International Trading

and Contracting Company O.P.C. Joint Venture

• PORR Bau GmbH- HBK Contracting Co. W.L.L. - China Railway Construction Corporation Joint Venture

• QD-SBG Group W.L.L – Yapi Merkezi Insaat VE Sanayi A.S. Joint Venture

• Salini Impregilo S.p.A.- SK Engineering & Construction Co., Ltd.- Galfar Al Misnad Engineering &

Contracting W.L.L Joint Venture

• Sinohydro Corporation Limited- JHJ International Trading & Contracting WLL Joint Venture

KSA – the most advanced of the GCC states

13 Source: SRO


Etihad Rail



Etihad Rail – phase 2


Timeline

Bids for the design build of the five main packages were submitted in December 2012

After more than 2 years of evaluation and bid bond extensions, the process was cancelled

Bids were re-invited in four main packages this summer, but this time without a specific package for the

line to Al-Ain. An addendum for this segment was later provided to the prequalifiers during the bid

preparation process

Bids submitted in September 2015, with no group understood to have submitted an option for the

addendum option

Remains unclear whether the project has the necessary financing approvals

2 groups of contractors bid for the four main packages.

3 other groups also bid for one package each.

Oman

16

Oman planned rail network

Source: MEED Insight © 2014 MEED Projects

Oman rail network key facts Length of track 2,244km

Length of rail 12,000km

Segments 9

Intermodal yards 9

Marshaling yards 8

Stations 46

Ballast 23 million cubic metres

Sleepers 10.2 million

Length of tunnels 35km

Crossings 400

Underpasses & flyovers 245

Length of bridges 39km

Length of wadi bridges 48km

Length of viaducts 45km

Source: Grant Thornton

* Shortlisted companies for phase one

Porr Bau / Yuksel Insaat / Sarooj

Construction Company / Daewoo JV

Saipem / Rizzani de Eccher / Dogus

Insaat JV

Salini Impregilo

Oman Rail – later phases

17 Source: Oman Rail


Conclusions


To date still slow progress on GCC railway network

Ministerial meeting to be held next week but still no overarching dedicated body set up to regulate

and oversee it

Official 2018 start date therefore seems increasingly unlikely

Oman is most advanced followed by Qatar and UAE

Apparent lack of connection between Oman and UAE is worrying

Technical and operational manual believed to have been completed

But question marks still exist over interoperability, driver training, customs, visas and freedom of

movement

Some evidence of tension over freight traffic being able to bypass specific ports

What impact of air lobby?

Project made more challenging by falling oil revenues

meed projects - gcc mainline network projects

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