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FINANCIAL NEWS
Thyssenkrupp, Saudi inked Metro deal
12 Jul 2016
(MENAFN) Thyssenkrupp, a leading elevator firm, has won a contract to design, manufacture, supply, install and maintain 641 elevators and escalators for Lines 1 and 2 of the Riyadh Metro.
In detail, the metro is part of the Riyadh Public Transit System project, one of the largest of its kind in the world. six-line metro system will run for a total length of 176 km across the city.
“The project is set to bring great benefits to Riyadh’s society, economy and environment”, the chief executive of Thyssenkrupp Elevator (Middle East) have said.
“Thyssenkrupp Elevator is proud to play a relevant role in the development of the population’s mobility within the city,” he stated.
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