A metro operations and maintenance (O&M) contract has been assigned for the first two lines of the $22.5 billion Riyadh Metro project by the Arriyadh Development Authority over a duration of 12 years, it was published on Thursday.
The contract has been assigned to Capital Metro Company (CAMCO), a joint venture (JV) between RATP group subsidiary RATP Dev and the Saudi Public Transport Company (SAPTCO).
The first metro line – line 1, also known as the Blue line on the Al Olaya – Al Batha corridor, covers 39 km and serves 25 stations. The second line, the Red Line, runs along King Abdullah Road over a length of 25 km and serves 15 stations.
The contract takes a minimum Saudisation target of 45 percent, as well as a minimum level of 55 percent of local content in the supplies and services concerned to the metro.
Once completed, the six lines of the Riyadh metro will cover a total distance of 176 km and 85 metro stations.
“The Riyadh Metro will play a main part in the economic development of the capital of Saudi Arabia,” said RATP Dev CEO Laurence Batlle. “It will increase its competitiveness while improving the lifestyle and mobility of its residents, as set in the kingdom’s Vision 2030.”
Alstom, part of Flow consortium, was assigned an $848 million deal by the ADA to provide O&M services for lines 3,4,5 and 6 of the metro. (read more)