4th March 2021
FS Italian Railways (Ferrovie dello Stato Italiane Group), represented through its subsidiary FS International S.p.A., is a member of the FLOW Consortium responsible for the operation and maintenance services of lines 3, 4, 5, and 6 of Riyadh Metro project.
The contract, which has been signed between the FLOW Consortium and the Royal Commission of Riyadh City – former Riyadh Development Authority – in 2018, has a value of US $ 2.9 billion.
The mobilization phase is ongoing and the metro is expected to start the commercial service in the near future.
The role of FS, represented by both FS International S.p.A. and its local subsidiary FS Italian Railways Saudi Arabia, was paramount to achieve a successful mobilization and secure the project startup. It also allows FS to increase its presence and visibility in Saudi Arabia and the Middle East.
“FS International S.p.A. and FS Italian Railways Saudi Arabia will launch the operation and maintenance of the Riyadh Metro project in collaboration with the other FLOW Consortium’s members and the Royal Commission of Riyadh City. It is an honor for FS to be part of this iconic project that will definitively change Riyadh's mobility, generating a positive impact on the citizens' life." commented David Cannafoglia, Senior Vice-President of the MENA Region and CEO of FS Italian Railways Saudi Arabia.
FS International S.p.A. and FS Italian Railways Saudi Arabia export the FS Group’s distinctiveness in know-how, innovation and sustainability of railway transport technologies across the Middle East and worldwide, leaning on the excellence of Made in Italy.
Despite the Covid-19 pandemic outbreak, FS Italian Railways continues to ensure the highest level of safety, being the first railway company in the world to have obtained the Biosafety Trust Certification, which recognizes the best practices adopted in the field of infection prevention and control, including the spread of the coronavirus.