Warning from Saudi Arabia to Spain: an extra cost

AVE They do not accept the previous technical failures of the Chinese consortium as an excuse for the delay in the works. They have not aske about the corruption scandal on the Madrid-Barcelona route during the king’s trip Ana Pastor’s emergency trip to Saudi  Warning from Saudi Arabia to ‘save’ the Spanish macro-project of the Medina-Mecca AVE The scandal over the AVE works to Barcelona forces Development to change the conditions of the contracts Ana Pastor and the king, during the trip to . Ana Pastor and the king, during the trip to Saudi Arabia. The Spanish companies that build the Medina-Mecca AVE high speed train return from the trip with the king to Saudi Arabia with concern. The country’s authorities have confirm that they will not accept an extra cost of more than 10% in the works on the high-speed route.

Senior officials who know the Saudi project

The ground, to whom El Confidencial Digital has had access, estimate that the works are already around two years behind schedule . But the setbacks don’t end there. The participation of Spanish construction companies has not yet become almost effective because the Greece Phone Number List person in charge of carrying out the first phase is the consortium heade by China Railway Construction . For this reason, the Spanish companies, with the intermediation of the Government and the king on trips like this weekend , seek to reassure the Saudi authorities and hold the consortium in charge of the first phase of the project responsible for not foreseeing technical failures, which in the long run could generate cost overruns and deviations in the initial budget. An extra cost of more than 10% will not be accepte.

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However sources familiar with the project

Which ECD has had access, explain that the Saudi Arabian authorities are going to be inflexible regarding cost overruns and delays in the execution of the works. They are not willing to accept a price higher than 10% of that set in the initial budget, when the contract  India Phone Number List was award to Spanish companies in for around 6.7 billion euros. Penalties are contemplate for delays But Spain defends itself . Sources close to the consortium consulte by this confidential claim that the project accumulates this delay time due to the technical failures of the Chinese consortium in charge of the preliminary work. Although Saudi Arabia does not seem very willing, according to the sources consult to allow an unjustifi delay in the execution of the works.

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