Dr. Bashar Al Malik, CEO, Saudi Railway Company

Expansions to Saudi Arabia’s rail system boost accessibility and encourage investment

15 July 2020

In this Global Platform video, Dr. Bashar Al Malik, CEO of Saudi Railway Company, talks about restructuring taking place across the industry and SAR’s goal of becoming a logistics centre as part of Vision 2030. In 2019 the government announced that SAR would become Saudi Arabia’s national railway, taking over all operations of the Saudi Railways Organisation. A number of new train lines have also been put into operation to improve passenger travel, support the petrochemicals industry, and ease trade between the East and West.  

Transcript:

The whole industry is going through restructuring. Previously, the railway industry in the Kingdom had different entities, building projects and different entities operating. There were conflicts between those entities. This, as a whole, has been cleared up by having Saudi Railway Company (SAR) as the owner of all railway infrastructure through a royal decree back in 2017. As a result, SAR has acquired the Saudi Railways Organisation. And a merge is taking place between the two organisations. The Kingdom is strategically located between the East and West. Our objective is to become a logistics centre as part of Vision 2030.

Dr. Bashar Al Malik, CEO, Saudi Railway Company

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