05 February 2024 (Riyadh, Saudi Arabia)
Contracts for the sale and maintenance of 10+10 Next Generation Passenger Trains for use on the expanding Saudi Arabian railway network have been agreed by Stadler and Saudi Arabia Railways (SAR).
With the signing of these historic contracts, SAR is moving its railway operation closer to its VISION 2030 ambition.
By agreeing to these landmark contracts, SAR is advancing its railway operations towards its goal of VISION 2030.
The approximate contract volume is 600 million Swiss francs.
Source
https://www.stadlerrail.com/media/pdf/2024_0205_media%20release_stadler%20will%20supply%20next%20generation%20intercity%20trains%20to%20saudi%20arabia_en.pdf
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