PROCUREMENT NEWS

SAUDI ARABIA,SPAIN : Saudi awards €6.7 billion rail contract to Spain

Published 31 Oct 2011

Saudi Railways Organisation has awarded the contract for the second phase of its Haramain High Speed Rail Project to the Spanish consortium.

The €6.7 billion contract includes the construction of railway tracks, installation of signalling and telecommunication systems, electrification, an operational control centre, the procurement of 35 trains, and operation and maintenance for a period of 12 years.

The Spanish statement said, “Thanks to its investment efforts, Spain has made itself a reference for high-speed rail.”

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