Madinah will have a smart mass transit system of metro trains and fast bus services within eight years.
This was revealed at the weekly Cabinet meeting chaired by Crown Prince Salman, deputy premier and minister of defense, on Monday.
The Cabinet ordered the setting up of a higher committee for the mass transit project under the chairmanship of Madinah Gov. Prince Faisal bin Salman, who is also head of the Madinah Development Authority. Committee members include ministers of municipal and rural affairs, finance and transport.
“The higher committee will supervise the implementation of the project and will set up an executive committee to be headed by the Madinah mayor. The mass transit project should be completed in eight years,” Culture and Information Minister Abdul Aziz Khoja said in a statement.
The Cabinet also decided to step up efforts to combat illegal financial practices such as money-laundering and terror-financing, with a declaration of cash rewards to any individual giving credible information on criminal financing operations.
The reward is fixed at five percent of the money involved in the criminal operation. The informer, however, should not be working for a financial institution.
Madinah to have mass transit system
