Siemens' Riyadh Metro deal worth $2bn
Firm to deliver trains, rolling stock, signalling and electrification
German engineering giant Siemens has said that it is set to earn around $2bn (€1.5bn) from its deal to supply driverless trains, rolling stock, signalling technology and electrification to the Riyadh Metro.
Siemens is part of the Bechtel-led consortium which won the $10bn deal to build Lines 1 and 2 of the network, which it the biggest individual package.
Bechtel, Almabani General Contractors and Consolidated Contractors Corp are working alongside Siemens on the project.
This portion of the work involves just under half (42) of the 85 stations on the $23.5bn project, including two of the main hubs at Olaya and at King Abdullah Financial District.
Siemens will also be responsible for system integration across the 63 kilometers making up the lines.
In total, the network will run for 175km, making it the world's biggest subway project.
The firm said that it will deliver 74 of its Inspiro-type machines, which are aluminium-bodied trains that are designed to on standard-gauge track at a top speed of 90 km/h.
It added that the two- and four-car trains have been designed with the region's climate in mind, so trains have higher-capacty airconditioning systems, while brakes and other elements have special seals to prevent sand ingress.
Siemens will also deliver power suppy systems and the operations control centres for both lines. The firm added that it is currently delivering metro lines at Rennes in France and Delhi in India, as well as a tram system in Doha.