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GCC Railway > Saudi Arabia > Alstom inks US $80mn deal with Saudi Railway Company
Saudi Arabia

Alstom inks US $80mn deal with Saudi Railway Company

December 1, 2024 3 Min Read
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Alstom inks US $80mn deal with Saudi Railway Company
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The deal goals to boost SAR’s east-west freight hall, which is claimed to be important for the Kingdom’s financial progress

Alstom has introduced a brand new providers settlement with Saudi Railway Firm (SAR), which is claimed to additional strengthen Alstom’s dedication to the way forward for transportation within the Kingdom.

The US $80mn deal covers five-years of technical assist and features a Spare Half Provide Settlement (TSSSA), and goals to boost SAR’s east-west freight hall, which is claimed to be important for the Kingdom’s financial progress.

As per the phrases of the settlement, Alstom will present SAR with complete assist, encompassing technical help, a gentle provide of spare elements, and tailor-made employees coaching applications.

To digitalise upkeep course of and convey extra effectivity, the locomotives will probably be repeatedly monitored in real-time by Alstom’s digital answer HealthHub. This confirmed expertise will allow a predictive upkeep strategy for SAR, lowering downtime and optimising fleet availability. These measures will make sure the long-term effectivity and reliability of the diesel locomotives working on the very important east-west freight hall, stated Alstom in its assertion.

“This settlement is a testomony to our shared imaginative and prescient with SAR of advancing Saudi Arabia’s transportation ecosystem in alignment with Imaginative and prescient 2030. By empowering SAR with cutting-edge applied sciences and information switch, we’re fostering a aggressive and sustainable sector whereas enriching native expertise and experience inside the Kingdom’s railway business. This collaboration will present SAR’s engineers and technicians with invaluable hands-on expertise, bolstering their capabilities and solidifying their very important position within the Kingdom’s formidable progress plans,” stated Mohamed Khalil, Alstom’s Managing Director of Center East Regional Headquarters.

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The east-west railway performs an important position in connecting the important thing ports of Dammam and Jubail with the Riyadh dry port, facilitating the seamless movement of products throughout the nation. This enhanced effectivity immediately helps Saudi Arabia’s formidable Imaginative and prescient 2030 plan to diversify the financial system and strengthen its place as a worldwide logistics hub, the assertion concluded.

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Reading: Alstom inks US $80mn deal with Saudi Railway Company
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