Siemens, which is preparing to sell rail systems to many countries of the world, including Turkey, has taken the lion's share of Saudi Arabia's huge infrastructure investment. The consortium, which also includes Siemens, will start infrastructure works in Saudi Arabia with the construction of a metro in the capital Riyadh.
Separating their ways with CEO Peter Löscher, Siemens has taken the lion's share of Saudi Arabia's huge infrastructure investment. The Saudi government, which decided to completely revamp its infrastructure, announced that it gave the 22,5 billion euros worth of large business to companies including Siemens.
This infrastructure construction will be started with metro construction in the capital city of Riyadh. According to the Saudi government, the metron is the largest infrastructure work worldwide, with a total of 176 kilometers of rail network will be expressed. Construction will start in the first quarter of 2014. In 2019, construction is planned to be completed.
While Siemens and AECOM at the head of the group of companies consisting of foreign country consortiums will get a business of 9,45 billion dollars, it has been announced that Bechtel will install two rail systems alone. In addition, the Spanish FCC, together with Alstom and Samsung C&T, received $ 7,82 billion in internal rail system business, while Italian Ansoldo STS and Indian Larsen & Toubro received $ 5,21 billion.
The Saudis, on the other hand, will not neglect the infrastructure investment in the holy city of Mecca. According to information received from Mecca 16,5 billion dollars for the transportation of the surrounding area is plastered. Thus, traffic piles and exhaust fumes will be drowned in the transportation of pilgrims.
It has been learned that the rail system, which will equip the country with a rail system from one end to the other, will be 2 thousand 750 kilometers in length throughout the country, especially from Riyadh to the Jordanian border. With this investment, the government plans to raise the living standard of the people, while at the same time aiming to eliminate the distrust and uneasiness among the people in the administrators. On the other hand, this investment means preparation for the days when oil runs out.