Thank you for visiting our website and we assure you it would be of your interest. We have mainly established this firm to contribute to the country’s economy by catering the needs and demands of the Railway Industry, by supplying all types and kinds of spares associated with Railways as an agent for many of the railway components and spare parts produced by reputed suppliers all over the world.
OVERVIEW OF ONGOING RAILWAY PROJECTS & ACTIVITIES IN SAUDI ARABIA
Rail transportation is playing an increasing role in the Saudi transportation sector since it’s commencement of operation in 1940.
Recently, the government has launched a number of initiatives to develop this sector through major railway expansion projects connecting the different regions of the Kingdom.
The current value of executed projects is estimated at SR 50 billion, according to a report by the National Commercial Bank (NCB).
Saudi Arabia's Railway Master Plan (SRMP) shows about SR 365 billion will be invested for railway infrastructure by 2040.
The Kingdom's growing economy has led to heavy investments in railway infra-structure.
The Saudi Railway Organization (SRO) & Saudi Railway Company (SAR) are government-owned entities that oversee & manage the railway system.
SRO supervises the existing railway system which connects Riyadh with Dammam, while SAR manages the implementation & operation of the North-South project.
SRO aims to improve operation standards as well as the quality of materials and equipment.
These developments have led the railway sector to push for privatization by inviting national and foreign investments.
As for projects, the North-South railway is considered the largest freight rail project that will have strategic importance for freight exports to the Gulf.
At 2,750 km long, it is valued at an estimated SR 20 billion. The Landbridge project is another important freight line estimated to cost SR 26.6 billion. Owned by SAR, it will link the port cities of Jeddah, Dammam and Jubail, passing through Riyadh. The Haramain High Speed rail project, owned by SRO, is built to transport pilgrims and Umrah visitors from and to the holy cities passing by Jeddah and Rabigh. The project consists of two phases, costing about SR 51.5 billion.
The government is also examining the construction of railways within heavily populated cities to alleviate congestion. One such project includes the SR 9.3 billion Riyadh Light rail. And the Jeddah metro is another planned project which is budgeted at approximately SR 35 billion.
Our firm by name First Journey (FJ) was established to take part in the existing Railway development activities in the Kingdom and contribute in its economic growth to the extent possible.