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

Publish Date : 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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