London, November 24, 2024, (Oilandgaspress) –––Alstom, the global leader in smart and sustainable mobility, announced a new services agreement with Saudi Railway Company (SAR) at the Saudi Rail Exhibition, further strengthening their commitment to the future of transportation in the Kingdom. This five-year Technical Support and Spare Part Supply Agreement (TSSSA), valued at SAR 300 million aims to enhance SAR’s east-west freight corridor, essential for the Kingdom’s economic growth.
Under this agreement, Alstom will provide SAR with comprehensive support, encompassing technical assistance, a steady supply of spare parts, and tailored staff training programs. To digitalize maintenance process and bring more efficiency, the locomotives will be continuously monitored in real-time by Alstom’s digital solution HealthHub™. This proven technology will enable a predictive maintenance approach for SAR, reducing downtime and optimizing fleet availability. These measures will ensure the long-term efficiency and reliability of the diesel locomotives operating on the vital east-west freight corridor.
“This agreement is a testament to our shared vision with SAR of advancing Saudi Arabia’s transportation ecosystem in alignment with Vision 2030,” said Mohamed Khalil, Alstom’s Managing Director of Middle East Regional Headquarters. “By empowering SAR with cutting-edge technologies and knowledge transfer, we are fostering a competitive and sustainable sector while enriching local talent and expertise within the Kingdom’s railway industry. This collaboration will provide SAR’s engineers and technicians with invaluable hands-on experience, bolstering their capabilities and solidifying their vital role in the Kingdom’s ambitious growth plans.”
The east-west railway plays a vital role in connecting the key ports of Dammam and Jubail with the Riyadh dry port, facilitating the seamless flow of goods across the country. This enhanced efficiency directly supports Saudi Arabia’s ambitious Vision 2030 plan to diversify the economy and strengthen its position as a global logistics hub.
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