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English news

23-Jun-2016

Haramain high-speed rail gets one-year delay

The Saudi Railways Organisation (SRO) is reported to have granted the consortium that is supplying rolling stock and systems for the 450km second phase of the Haramain High-speed Rail (HHR) a 14-month extension to complete the work. This is according to Spain’s Public Works Minister Ana Pastor. The delay implies that the targeted completion date for this phase of the HHR has been moved from January 2017 to 1Q18. A consortium led by the local Al-Shoula Group had signed a USD8.2bn deal for the supply of rolling stock, systems and a 10-year operation and maintenance contract, among others, to the HHR project in 2012. The other members of the group include six Spanish companies: Talgo, Indra, OHL, Dimetronic, Renfe and Adif. (MEED)

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