The 2020 Railway Forum Highlights the Bright Future of Transportation in the Kingdom of Saudi Arabia

PR82734

RIYADH, Saudi Arabia, Feb. 3, 2020 /PRNewswire=KYODO JBN/ --

- Al-Jasser: 400 billion Saudi riyals were invested in infrastructure

- Al-Khorayef: The Kingdom is distinguished by several things, the most

important of which is its geographical location

- Al Malek: We transported 47 million tons of fuel, which contributed to the

displacement of 4 million trucks from the road

Under the patronage of the Custodian of the Two Holy Mosques, the Saudi Railway

Company (SAR) highlighted, on the 28th and 29th of January 2020, the main

features of Saudi Arabia's competitiveness in logistic services, and the most

important transportation and infrastructure projects taking place in the country.

The first-of-its-kind took part in the presence of a number of ministers, officials from

international organizations and companies Interested in transportation in general and

railways in particular.

In his opening speech, His Excellency the Minister of Transport, Eng. Saleh bin Nasser Al-Jasser,

revealed that 400 billion Saudi riyals were invested in infrastructure in the past decade, signaling

a real desire to take advantage of the Kingdom's privileged location as a center that connects

three continents.

His Excellency the Minister of Industry and Mineral Resources, Bandar bin Ibrahim

bin Abdullah Al-Khorayef, explained that transportation is essential for the industry

and mineral wealth sector, explaining that the Kingdom in its vision works to diversify

sources of income and economic diversification.

Dr. Bashar Al-Malek, CEO of the Saudi Railway Company (SAR), said that the forum is being held

for the first time in the Kingdom and is taking a new era under the umbrella of Vision 2030.

He added that its organization in Riyadh reflects the importance of the place in gathering local

and international experts in the railway industry to present and discuss success stories and

exchange of experiences and services provided through this industry.

The Director of Central Japan Railway Company, Torkel Patterson, said: "The Kingdom of Saudi

Arabia is qualified to become a regional center in express transport services thanks to its

infrastructure and the ambitious plans it is working on. Within a few years it will be side by side

with Japan, China and European countries in the field of transportation that depend on speed."

Darren Davis, CEO of Maaden, explained that the Kingdom has investment

incentives such as abundant mineral resources and energy sources, in addition

to the traditional pillars of investment based on providing security and safety,

as well as growing awareness in the local community, and future development plans.

Matthias Schubert, Executive Vice President Mobility at TÜV Rheinland Group,

said that innovation is one of the important sectors that have made progress in

the field of automation, pointing to the need to implement the important standards

of security and safety in transportation, since it is impossible to bypass passenger safety.

And Andres De Leon, CEO of HyperLoopTT, spoke about hyperloop trains,

explaining that they are fast, human-focused, sustainable, profitable, and have

returns, indicating that through them Europe can be interlinked in a few hours.

Photo -

https://mma.prnewswire.com/media/1085070/Railway_Forum_2020_Discussion_Panels.jpg

Photo - https://mma.prnewswire.com/media/1085069/Railway_Forum_2020.jpg

Source: The Railway Forum 2020