Transport infrastructure group Asciano expects to generate a "very attractive'' capital return on a $7 billion rail infrastructure project in Saudi Arabia it will develop with a consortium of partners.

Asciano, the ports and rail owner spun-out of Toll Holdings, and its seven Saudi Arabian partners who make up the Tarabot consortium have been selected as the preferred bidder to deliver the project.

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Posted by boyang at April 22, 2008 6:15 PM