Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
SAUDI ARABIA,SPAIN : Spanish consortium secures €6.7 billion Saudi Arabia rail contract
Publish Date : 29-Oct-2011
The governments of Saudi Arabia and Spain stated that a group of 12 Spanish companies secured a contract to build a high-speed rail service.
The €6.7 billion contract is for the establishing of a high-speed rail service connecting the Saudi cities of Medina and Mecca.
The Saudi Railways Organization noted that the Al-Shoula Consortium that comprises Spanish state rail operator Renfe and the Saudi companies Al Shoula and Al Rosan will construct the line.
Al-Shoula prevailed over a consortium headed by France\'s Alstom.
