Saudi Arabia, with the help of international and local companies, is embarking on the largest obstacle construction project ever: almost 6,000 kilometers of “virtual” and “physical” barrier – A project whose starting price tag is estimated at $10 billion, and whose final cost HSRC projects at closer to $40 billion.A few weeks ago, the Saudi government decided to triple the length of its border security barrier from approximately 2,000 km ( Iraq and Yemen ) to about 6,000 km to additionally cover Jordan, Kuwait, Qatar, the UAE, Oman and Gulf and Red Sea coasts.
As a first step the Saudis plan a virtual barrier, based on a network of people and vehicle radars.
Saudi investments in homeland security are actually larger than earlier anticipated by our analysts.
HSRC forecasts that this first stage (radar virtual barrier) will cost about $10 billion to implement (including the procurement of radar and C3I stations). Yet the total market cost of the Saudi project will come, in our assessment to around $40 billion, and will be completed by around 2018.
The reason for the huge difference between the initial cost estimate and our total cost assessment is that the final cost will include Day/Night CCTV networks, a large segment of physical fence, additional costs of service and upgrades, and projected cost overruns.
To find out more details about business opportunities associated with this project and with other projects in Saudi Arabia , please review the Homeland Security Market Research landmark report. This new publication represents several researcher years, dozens of interviews, and in-depth analysis of thousands of documents; the resulting produce is a comprehensive roadmap of this huge and intriguing Homeland Security market.
No comments:
Post a Comment