FINANCIAL NEWS

Saudi Railways, Dornier sign USD756,920 contract for updating Rails project

19 Mar 2015

(MENAFN) Saudi Railways Organization (SRO) signed a USD756,920 six-month contract with Dornier Consulting Gmbh for consulting services for the Saudi Railways Master Plan (SRMP), Arab News reported.

The main objective for updating the SRMP is to have an integrated, better and bigger railway network in addition to a conceptual framework for the whole project set to establish the safest-best railway experience for passengers.

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, according to officials.

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