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Indra to Maintain and Operate High-Speed Rail Control Systems for Mecca-Medina Line for €130 Million
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Technological innovation today and tomorrow Indra Group will continue to support and operate the technological systems of rail traffic management, signalling, telecommunications, ticket sales and reservation, access control, security and IT with which it equipped the High Speed Line La Mecca-Medina (Haramain High-Speed Railway), in Saudi Arabia, after the extension of the contract of operation and maintenance awarded to the Spanish Consortium Hi…
Indra to maintain and operate high-speed rail control systems for Mecca-Medina line for €130 million
The Corner Bankinter | Indra (IDR) will maintain and operate the high-speed rail control systems for the Mecca-Medina line in Saudi Arabia for the next five years for €130 million. With this contract, Indra will continue to provide support for rail traffic management, signalling, telecommunications, ticket sales and reservations, access control, security, etc. Bankinter analysis team’s view: Positive impact. However, the amount is not high. Assu…
Indra Group has reaffirmed its position as a leading technology partner for the high-speed rail line connecting Mecca and Medina, following the extension of the operation and maintenance contract awarded to the Spanish High-Speed Mecca-Medina Consortium by Saudi Arabian Railways (SAR). The agreement guarantees that the Spanish company will continue to support the critical systems of this strategic rail infrastructure for at least the next five y…
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