News

Sep 30, 2019

Heads of Russian Railways and Saudi Railways discuss cooperation

Oleg Belozerov, the Chief Executive Officer and Chairman of the Board of Russian Railways, and Bashar Al Malik, the CEO of Saudi Railways (SAR), have discussed cooperation during a meeting in Moscow.

The two company chiefs agreed that there were now favourable preconditions for establishing close cooperation between the Russian Federation and the Kingdom of Saudi Arabia in the field of rail transport and noted, in particular, the great potential for cooperation on infrastructure projects.

During the meeting, Oleg Belozerov said that the Russian Railways Holding was ready to consider participation in infrastructure projects in Saudi Arabia, including offering its services in urban mobility projects.

"On the international market, the Russian Railways Holding is now represented by the full cycle of competences which are required to implement complex infrastructure projects - from economic efficiency assessments to design solutions and engineering and construction, as well as the management of integrated rail systems. The Company also has extensive experience in building unique bridge structures," said Oleg Belozerov.

Another promising area of cooperation was cooperation in the training and development of railway personnel.