Press releases

2012/03/16

CAF signs two new contracts in Saudi Arabia for the railway company “Saudi Railway Company“ (SAR) and for “Saudi Railways Organization” (SRO)

These new units, 5 trains for SAR, which are added to the previous 12 purchased by SRO, shall feature state-of-the-art safety technology and shall meet the strictest demands with regards to interior design aspects.
The new contract covers the design, production, supply and maintenance of state-of-the-art Push-Pull units, that can reach speeds in excess of 200 kilometres per hour. Amongst other features, the units shall include family sections, children’s areas and prayer areas, Facilities specifically designed for persons with reduced mobility, dining car and vehicle trailers to that passengers so requesting can transport their own vehicles.
A new contract has also been signed with SRO involving the supply of 4 trains similar to those previously purchased by this customer.
The aggregate value of these last two contracts signed in Saudi Arabia comes close to a total of 200 Million Euros and this is a clear example of the company’s decisive positioning in this demanding and competitive market. It will serve to further strengthen out commitment to long term presence not only in Saudi Arabia, where all the Company’s project amount to approximately 400 million Euros, but also in the area of influence, with representative offices already set up in Riyadh and Doha.