GIB Capital to advise on Jeddah’s Obhur Creek Bridge

09/05/2018 Argaam

 

Jeddah Municipality has hired Bahrain-based Gulf International Bank’s investment banking subsidiary to act as a financial adviser for the Obhur Creek Bridge project, Reuters reported.

 

GIB Capital will advise on the project which is located next to the King Abdulaziz International Airport. It will span around 360 meters in length and carry eight lanes of traffic and a metro line.

 

The multi-billion-dollar public transport project encompasses a metro, light rail, tram, rail, local bus and marine transportation, the report said.

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