SR 1.37 bn contract to boost Haramain Railway

Canada’s Bombardier Transportation has signed contracts worth $367 million (SR 1.37 billion) with Talgo SA to develop and supply components for 36 high-speed trains for the Kingdom’s Haramain Railway, the company said in a statement.
Talgo, a member of a consortium led by Spanish railway operator RENFE and railway infrastructure company ADIF, was recently contracted to build and operate the 450-km railway linking the holy cities of Makkah and Madinah via Jeddah.
The deal includes Bombardier's propulsion and control package, Flexx Power 350 high-speed bogies and 12-year maintenance services for the trains and their components. Most of Bombardier's manufacturing for the project will take place at its plant in Trapaga, Spain.
The Montreal-based transportation giant has participated in the development of many of the world's leading high-speed rail systems, including four different generations of the TGV in France.