A consortium of Siemens, US company Bechtel and local construction companies Almabani and Consolidated Contractors Company has been awarded a subway contract worth US$10 billion by the Riyadh High Commission for Urban Development (ArRiyadh Development Authority).
Siemens, whose share of the deal is worth around US$2.1 billion, is supplying subway rolling stock, electrification systems and signalling technology for driverless operation, as well as system integration.