Genoa, 29 July 2013
Ansaldo STS will be responsible for the technological part of the contract on the longest line (over 40km) of the new metro system in Riyadh, Saudi Arabia.
His Royal Highness Prince Khalid bin Bandar bin Abdulaziz Al Saud, Governor of the Region of Riyadh, Chairman of the Ministerial Committee for the Riyadh Public Transport Project and Chairman of the High Commission for the Development of Riyadh, in the presence of the Ministers of the Commission and the highest authorities in the country, has awarded Ansaldo STS (STS.MI), a Finmeccanica company, operating as part of the ArRiyadh New Mobility (ANM) consortium, a contract to build the longest line of the new metropolitan system in Riyadh (Line 3, or the Red Line), which runs for 40.7km from Madina Al Munawara to Amir Saad bin Abdul Rahman Al Awal Road.
The winning consortium, organized by Ansaldo STS, is formed by Salini-Impregilo, Larsen & Toubro and Nesma for the civil works, Ansaldo STS for the technological part and Bombardier for the supply of vehicles.
The contract is worth approximately USD 680 million for Ansaldo STS, and there is also an option for a further sum of around USD 249 million for the next 10 years of maintenance. The implementation phase is expected for five years.
The consortium has been awarded works for a total investment of approximately USD 6 billion, including the construction of two large stations landmark "Qasr Al Hokom" and "Western Station", currently under the final design phase, designed by two internationally renowned architectural firms, for which the total value of the contract to Ansaldo STS will be further increased.
In relation to its part of the contract, Ansaldo STS will be responsible for the entire technological integration of the signalling systems, ATC (Automation Train Control) and CBTC (Communication Based Train Control), the power system including the third rail, the Operational Control Centre, the telecommunications systems and the fitting out of the depots.
Sergio De Luca, Chief Executive Officer of Ansaldo STS, commented: “The contract awarded is one of the most important in our history, and demonstrates the technological excellence achieved by the Company over the years. This new contract consolidates our presence in the Middle East market, and particularly in Saudi Arabia, where we have already built, in a very short time, the country’s first automated metro system, to serve the world’s largest university campus.”
Genoa, 29 July 2013