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SAUDI ARABIA: Saudi Railways Organisation has announced that ‘following the reassessment of our rolling stock needs’ it has decided not to proceed with an order for six 200 km/h Talgo diesel trainsets for use on the Riyadh – Dammam line.
The US$201m contract was announced on February 12 but will not now be signed, SRO said on July 15. A final decision regarding a new tender will be made once SRO’s internal analysis of its needs is finalised.
Talgo said the cancellation of the order would not cause a substantive change in its economic projections for the 2015 and 2016 financial years.
This article first appeared on www.railwaygazette.com
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