Deals Counterparts

RCRC awards contract for design and construction of Riyadh Metro Red Line extension

Development Transport announced Saudi Arabia Mar 1, 2026

RCRC awarded the $3.5 billion design and build contract for the 25km Riyadh Metro Red Line extension to the XYZ Consortium. This fully automated, driverless line will connect King Abdullah Financial District, enhancing Riyadh's urban mobility. The project is a key component of Saudi Arabia's Vision 2030, supporting the capital's rapid infrastructure expansion.

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Timeline

Announced
Mar 1, 2026
Signed
Closed

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