Government Defines Railway Property Exemption
Minister of Political and Parliamentary Affairs, Abdel Moneim Al-Oudadat, confirmed that the amended Real Estate Ownership Law excludes railway lines drawn within the kingdom from its provisions, whether or not an expropriation decision has been issued concerning them. This measure aims to improve the organization of procedures and enhance the investment environment. The modification seeks to unify legislation related to public transportation, thereby contributing to the efficient implementation of railway projects and supporting infrastructure development in the kingdom.
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