Riyadh Metro: Saudi Awards $22.5 Billion Contracts

Standard

Reuters:

The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro rail system in the capital Riyadh.

The project, which will involve six rail lines extending 176 kilometers (110 miles) and carrying electric, driverless trains, is the world’s largest public transport system currently under development, Saudi officials said.

The project is expected to be completed in 2019.

Advertisements