Deal worth $0.75 million signed for Saudi railway modernization
The six-month contract was signed by SRO President Muhammad Al-Suwaiket with Dornier Consulting Gmbh
Saudi Railways Organization (SRO) has signed a SR2.84 million, or $0.75 million, contract to update the railway master plan project.
The six-month contract was signed by SRO President Muhammad Al-Suwaiket with Dornier Consulting Gmbh.
The main objective of updating the Saudi Railways Master Plan (SRMP) is to have an integrated and clear future vision for a safer, better and bigger railway network as well as a conceptual framework in place for the long-term development of a future passenger and freight transport network.
Al-Suwaiket said the SRO is keen to expand the railway network for transporting passengers and goods so as to increase its share of the freight market and passenger transport.
He emphasized the advantages of movement by train in terms of safety and security as well as significant benefits to the national economy as rail transport could help reduce accidents on the roads and road maintenance costs while cutting environmental pollution.
Al-Suwaiket also added that such accomplishments have been achieved by the support given by the government to expand the rail transport throughout the Kingdom.
Meanwhile, Middle East Rail conference and Exhibition 2015 held recently in Dubai brought together major companies and organizations from all over the world to showcase their latest achievements, future prospects and give room for collaborations between nations.
The exhibition was attended by around 6,000 people from all around the GCC, in addition to transport ministers from countries such as Egypt, Lebanon, Jordan, Algeria, Somalia, Sudan, Kuwait and Morocco, and brought together more than 162 speakers from 73 nations, and showcased 220 exhibitors from all over the world.
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