Saudi Arabia has put one of the most ambitious railway projects in the Middle East on the table, and the response from the global industry has been especially strong: 145 international companies have officially expressed their interest for participating in the new high-speed line that will connect Riyadh with Qiddiya, a newly created city dedicated to tourism and entertainment. And as it could not be otherwise, among the candidates stand out several Spanish companies with great experience when it comes to cooperating in Saudi projects.
What exactly is this project. It is about the Qiddiya High-Speed Railalso known as Q-Express, a high-speed rail line that will link King Salman International Airport and the King Abdullah Financial District (KAFD) in Riyadh with Qiddiya City, according to the Royal Commission for Riyadh City (RCRC).
The trains will reach speeds of up to 250 km/h and the intention is for them to complete the journey in about 30 minutes. Qiddiya is one of Saudi Arabia’s five official mass tourism-oriented gigaprojects and is expected to occupy some 376 square kilometers. The city will include 12 amusement parksa Formula 1 circuit and is projected to house 500,000 inhabitants.
Several Spanish companies interested. Between companies that have shown interest There are Spanish names with weight in the railway sector. CAF and Talgo appear in the category of manufacturers of rolling stock and railway systems, where they compete with giants such as Alstom, Siemens Mobility, Hitachi Rail or Stadler Rail. Renfe and Alsa, for their part, are among the 12 interested railway operators, along with Deutsche Bahn, Ferrovie dello Stato Italiane or SNCF.
In construction, FCC Construction and Copasa stand out, while in technical consulting, Sener, Ayesa, Idom and Typsa are present, competing with international firms such as Aecom, AtkinsRéalis or Systra.
Previous experience in the country. Several of these Spanish companies are not new to Saudi Arabia. Some were part of the consortium that developed the well-known AVE to Mecca (Haramain train), which connects the holy cities of Mecca and Medina. Currently, Renfe operates precisely that high-speed line.
The president of the company, Álvaro Fernández de Heredia, visited Saudi Arabia just a few weeks ago to participate in an international railway meeting, and where reaffirmed the company’s commitment to collaborate with Saudi Arabia Railways on new projects. For its part, Alsa It already has a guaranteed presence in Qiddiya: a €500 million contract was recently awarded to operate the city’s future buses.
Fierce world-class competition. He complete list of interested parties gives clues to the magnitude of the project. The 68 main contractors include companies from China (eight companies, including China Railway Construction Corporation and Aviation Industry Corporation of China), Turkey (with Gülermak, Kalyon or Yapı Merkezi), Italy (Webuild and Saipem), South Korea (Hyundai Engineering and Samsung C&T), France (Bouygues Travaux Publics), India (Larsen & Toubro) and Portugal (Mota-Engil), among other countries. 16 capital investors and 23 design and project management consultancies have also shown interest.
How it is going to develop. The project will be executed under a public-private partnership model (PPP), as announced by the RCRC in collaboration with the National Center for Privatization and the QIC. The registration period where companies could show interest in the project opened on September 12 and closed on October 12. Although it was initially planned to be developed under a conventional model, the Saudi authorities finally opted for a public-private collaboration scheme.
What comes next. The development includes two phases. The first will connect Qiddiya with KAFD and King Khalid International Airport. The second phase will extend from a development known as North Pole, which includes the Public Investment Fund’s two-kilometre-high tower, to New Murabba, King Salman Park, central Riyadh and the Industrial City south of Riyadh. In addition, the 65-kilometer Riyadh metro line 7 will also connect the capital with Qiddiya City in the future. With so many high-level companies competing for this megaproject, now it’s time to find out which consortiums manage to position themselves as favorites in the bidding.
Cover image | HE
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