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Unipart Rail, Arabian Railway to form Saudi JV

Unipart Rail, a supplier to the global rail industry, and Arabian Railway Company, a Saudi Arabia-based services company, are set to form a joint venture focused on the kingdom.

A memorandum of understanding was signed between the two companies at the recently concluded Middle East Rail 2017 in Dubai and attended by UK Rail Minister Paul Maynard, according to a press communication from Arabian Railway Company.

“The next 10 years will witness unparalleled reform of transport within the Middle East,” commented Noel Travers, deputy managing director, Unipart Rail.

He foresees good opportunities for the two companies given the size and scale of railway development projects across the kingdom.

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