Arab News, Thu, Feb 29, 2024 | Shaban 19, 1445
Saudi Cabinet approves new railway law
Saudi Arabia:
Saudi Arabia’s Cabinet approved on Tuesday new regulations that govern the
railways in the Kingdom.
The decision “supports achieving the goals of the
National Transport & Logistics Strategy, and contributes to the governance of
the railway sector and regulates the relationship between the infrastructure
owner, the operator and the beneficiary,” Minister of Transport and Logistic
Services Saleh Al-Jasser said.
The new regulations will ensure that railway
services providers continue to apply the highest standards and requirements for
safety and quality, and will develop policies and legislation that ensure fair
competitiveness, the minister added.
In 2023, the number of railways passengers
exceeded 11.2 million, a 55% increase compared to 2022. Trains also transported
24.7 million tons of goods and minerals, an increase of 6% during the same year.
Al-Jasser stated that regulations will contribute
to encouraging use and ensure the protection of railways, their infrastructure,
and facilities in accordance with internationally approved standards.
The new law also specified penalties to protect
railway tracks from violations and damage to the network.
The minister thanked King Salman and Crown Prince
Mohammed bin Salman for approving the new law.