Wednesday, June 26, 2013

Saudi Arabia preparing for the end of oil. Will the U.S.?

Zawya: "The Ministry of Transport is seriously considering bringing about major policy changes not only to encourage people to use public transport but also streamline various modes of transportation available in the Kingdom.
The Undersecretary for Transport Affairs, Dr. Abdul Aziz Al-Ohali, speaking at a workshop to highlight the ministry's objectives and functioning, said the initiatives essentially pertained to two major policy changes that would rein in violators as also increase use of public transport system. "These moves are still in the initial stages, and the actual implementation would come after completion of the studies undertaken by the ministry," he said.
"We realize that to encourage people to use public transport, there is need for two policy changes. Firstly, there has to be an incentive through low pricing of tickets as also introducing long-term tickets. "