| |
30-1-2010
SAPTCO and Ratp Dev announce that they have signed on January 30th, 2010 a strategic partnership agreement concerning the public transport business development in Saudi Arabia. This agreement covers the operation and maintenance of future Tram and Metro networks in the Kingdom, as part of the development program of major urban cities.
The two companies aim to bid together for future tenders including projects identified in the major cities as Riyadh, Mecca and Medina.
SAPTCO is a major public transportation operator in the Kingdom of Saudi Arabia, with a fleet of 3000 vehicles, and Ratp Dev, a subsidiary of RATP, has extensive experience in the operation and maintenance of buses, trams and Metro.
This exclusive partnership will combine the strengths of both companies on the public transport market in Saudi Arabia, which is experiencing a very strong and very rapid expansion.
Ratp Dev intends to pursue its international development strategy. After Asia, Europe, Africa and North America, the company’s goal is to establish in this region of the world where urban rail is a key element of the development of large cities.
SAPTCO (Saudi Public Transport Company) operates a fleet of modern buses carrying out 600-1000 trips on a daily basis and connecting 382 cities, towns and villages across the Kingdom. Its international daily trips are scheduled to nine countries, including Kuwait, Bahrain, Qatar, United Arab Emirates, Yemen, Egypt, Jordan, Syria and Sudan. Its domestic network covers seven major cities, which include Riyadh, Makkah, Madinah, Jeddah, Taif, Dammam and Assir, and special transportation services to the Holy Shrines during Hajj and Ramadan. It also provides VIP services, special non-stop services between Riyadh and Bahrain via Kobar, and between Makkah-Madinah, charters and contracts buses, school transportation services, luxury limousine services, as well as cargo trucks services.
Ratp Dev is a subsidiary of RATP. It is present in France (19 affiliates) and abroad (Germany, Italy, South Africa, Algeria, Morocco, Brazil, Trinidad and Tobago, United States, China, India and South Korea). Its development is based on a selective, voluntary, lateral and profitable strategy. The company implements projects and operates urban transport systems, rail and road. Its approach is intended to take position on different segments of public transport in France and abroad and to meet the demands of local authorities.
|
|
