A Parsons, Egis and Systra joint venture has won a 425 million euro contract to ‘supervise’ construction of three new metro lines being built in the Saudi Arabian capital of Riyadh.
The JV will provide project management services for the Blue, Green and Red lines of the proposed Riyadh Metro system.
Announcing the contract award, Systra described the planned metro as ‘an extremely prestigious project due to its sheer size and very tight delivery deadlines’, with the entire system expected to open in just five years time.
In a joint statement, Pierre Verzat, chief executive of Systra, and Nicolas Jachiet, chief executive of EGIS, said: “This contract recognises the quality of French engineering expertise and technical know-how.
“Our Joint Venture brings together and combines the expertise of two great French railway engineering companies, and shows how their complementary skills can win contracts of this size and complexity and deliver them in record breaking time.”
In July, the Arriyadh Development Authority (ADA) announced the winners of design and build contracts for the network worth $22.5 billion.
