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Saudi Arabia To Surround Self With A $40 Billion Virtual/Real Barrier

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.
 

 
Saudi Border Barrier

Saudi Border Barrier

FOR IMMEDIATE RELEASE

PRLog (Press Release)Aug 20, 2008 – 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 our 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.

More information:
http://www.homelandsecurityresearch.net/2008/03/02/saudi ...
http://www.homelandsecurityresearch.net/2008/05/19/saudi ...
http://www.homelandsecurityresearch.net/2008/06/01/globa ...

# # #

Homeland Security Research Corporation is a multidisciplinary team of industry experts in the fields of Homeland Security engineering, intelligence, high-tech market analysis, airport security, and Homeland Security Technologies R&D.

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Issued By:Homeland Security Research Corporation
Email:Click to contact author
Phone:(413) 253-0498
Address:601 Pennsylvania Avenue, NW Suite 900,
:South Building
City/Town:Washington
State/Province:District of Columbia
Zip:20004
Country:United States
Categories:Aerospace, Defense, Security
Tags:Saudi Arabia, Oil Security, Energy Security, Saudi Arabia Security, Saudi Oil Market Research, Saudi Border
Shortcut:www.prlog.org/10107441

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