Saudi Railways Company (SAR) has signed, in the presence of the Minister of Finance and President of Board of Directors of Public Investment Fund, Dr. Ibrahim bin Abdulaziz Al-Assaf, the contract of operating management and technical support for the project of north train with a British consortium led by Serco company; Freightliner Company and Network Rail Group owned by the British government. The five-year contract was signed during an inspection visit paid yesterday by the Minister of Finance to the passengers station in Riyadh and his meeting with the officials of SAR during which he was briefed on what has been done in its facilities. The signing ceremony was attended by British Ambassador to the Kingdom of Saudi Arabia, Simon Paul Collis; Secretary General of the Public Investment Fund Abdulrahman bin Mohammed Al-Mufdhi, and members of the Board of Directors of SAR. According to the SR 705 million contract, the Consortium's tasks include the development of all policies and procedures of SAR on managing and operating the infrastructure of its network to ensure the provision of better standards of service to its customers, according to the international standards used in the performance and safety.
