IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
state-controlledJUMBO
NoTARIFF PEAK
No On 2 December 2015 it was announced by the Saudi Arabian General Investment Authority that in cooperation with the Saudi Railway Organisation (SRO) a "roadmap" to encourage the local production of railway equipment.
The relevant press release noted "The two authorities are studying what consumable products-such as seats and spare parts-can be manufactured locally" and "According to industry experts, Saudi Arabia has invested $45 billion on rail projects. The projects include the 950-km rail link between Jeddah-Damman known as the Land Bridge Project, a 2,400-km Mineral Line Project running north to south and a Light Rail Transit Systems within cities such as Riyadh, Jeddah and Medina. The manufacturing roadmap would be in line with SAGIA's Unified Investment Plan (UIP), an initiative which seeks to package government spending across a number of sectors into opportunities that will encourage companies to localize their operations."
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