Qiddiya HSR PPP EoIs in
The Royal Commission for Riyadh City, the National Centre for Privatisation & PPP and Qiddiya Investment Company have received expressions of interest from 145 companies for the Qiddiya high-speed rail PPP project.
Equity investors submitting EoIs include Investcorp, Al Gihaz Holding, Almutlaq Real Estate Investment, Arj HoldingFoure Holdings, Itochu, Korea Overseas Infrastructure & Urban Development, Lamar Holding, MADA International, Meritz Financial, MXB Investment, Plenary, Sojitz, Tamasuk, Vinci Concessions and Vision International Investment.
Rolling stock companies and system suppliers submitting EoIs include Alstom, CAF, Colas Rail, CRRC, Hitachi Rail, Hyundai Rotem, Siemens Mobility, Stadler Rail and AGTalgo.
Rail operators submitting EoIs include Alsa Grupo, Alsaif Transportation, DB International Operations, Ferrovie dello Stato Italiane, Intertoll Europe, Keolis, Moventis, MTR, RATP Dev, Renfe Operadora, Serco and Transdev.
Sixty-eight companies submitted EoIs as lead developers and contractors, including Bouygues Travaux Publics, FCC Construccion, Kalyon Insaat Sanayi ve Ticaret, Larsen & Toubro Construction, Marubeni, Mota-Engil, Orascom Construction, Saipem, Samsung C&T Corporation, UCC Holding, Webuild and Yapi Merkezi Insaat ve Sanayi.
The Q-Express 250kmh scheme will link King Salman International Airport and King Abdullah Financial District with Qiddiya City and will be built in two phases. Journeys from central Riyadh to Qiddiya will take 30 minutes.
EY, Egis and Latham & Watkins are advising on the scheme.
