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NewswireTODAY - /newswire/ -
Paris, Ile-de-France, France, 2024/11/21 - Alstom announced a new services agreement with Saudi Railway Company (SAR) at the Saudi Rail Exhibition, further strengthening their commitment to the future of transportation in the Kingdom - SAR.com.sa / Alstom.com. FR0010220475; ALO
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• SAR 300 million contract signed with Saudi Railway Company to improve the maintenance of east-west freight locomotives;
• Five-year agreement boosting performance and reliability for locomotives;
• Reinforcing Alstom’s ongoing commitment to supporting Saudi Vision 2030.
Alstom, the global leader in smart and sustainable mobility, announced a new services agreement with Saudi Railway Company (SAR) at the Saudi Rail Exhibition, further strengthening their commitment to the future of transportation in the Kingdom. This five-year Technical Support and Spare Part Supply Agreement (TSSSA), valued at SAR 300 million aims to enhance SAR's east-west freight corridor, essential for the Kingdom's economic growth.
Under this agreement, Alstom will provide SAR (sar.com.sa) with comprehensive support, encompassing technical assistance, a steady supply of spare parts, and tailored staff training programs. To digitalize maintenance process and bring more efficiency, the locomotives will be continuously monitored in real-time by Alstom’s digital solution HealthHub™. This proven technology will enable a predictive maintenance approach for SAR, reducing downtime and optimizing fleet availability. These measures will ensure the long-term efficiency and reliability of the diesel locomotives operating on the vital east-west freight corridor.
“This agreement is a testament to our shared vision with SAR of advancing Saudi Arabia's transportation ecosystem in alignment with Vision 2030," said Mohamed Khalil, Alstom’s Managing Director of Middle East Regional Headquarters. “By empowering SAR with cutting-edge technologies and knowledge transfer, we are fostering a competitive and sustainable sector while enriching local talent and expertise within the Kingdom's railway industry. This collaboration will provide SAR's engineers and technicians with invaluable hands-on experience, bolstering their capabilities and solidifying their vital role in the Kingdom's ambitious growth plans."
The east-west railway plays a vital role in connecting the key ports of Dammam and Jubail with the Riyadh dry port, facilitating the seamless flow of goods across the country. This enhanced efficiency directly supports Saudi Arabia's ambitious Vision 2030 plan to diversify the economy and strengthen its position as a global logistics hub.
About Alstom
Alstom (alstom.com) commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 64 countries and a talent base of over 84,700 people from 184 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most. Listed in France, Alstom generated revenues of €17.6 billion for the fiscal year ending on 31 March 2024.
About Alstom in KSA
Alstom's commitment to Saudi Arabia extends over 70 years, with the company being a key mobility partner in the region. The company has supported the Haramain high-speed rail line between Mecca and Medina and also supplies an integrated Metro System for Lines 3, 4, 5, and 6 and the operation and maintenance of these lines. Alstom has also provided Automated People Mover (APM) system to Jeddah’s King Abdulaziz International Airport which the company has recently undertaken the full system upgrade including the addition of four new cars. In early 2024, Alstom has also signed a major contract with The Royal Commission for AlUla for the AlUla Tramway Project.
About Alstom Services
Alstom is the market leader in rail services, supporting customers over the entire asset lifecycle with the broadest portfolio of services solutions. Alstom’s FlexCare Perform maintenance services are tailored to customer needs and operational requirements, from technical support with spares to fully outsourced maintenance solutions. Alstom maintains over 35,500 vehicles worldwide and is a trusted partner for servicing both Alstom and non-Alstom rail assets.
Africa, Middle East & Central Asia Contacts Press: Souade BEKHTI
T: +971 56 995 45 76 - E: souade.bekhti[.]alstomgroup.com.
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buket.akcora[.]alstomgroup.com 
