Al Jazeera – Salem al-Yami / Photo by Fawaz al-Roki:
According to the Chairman of the Riyad Development Center, Chairman of the Supreme Commis- sion for Monitoring the Implementation of the Public Transport Project of the Al-Aziz Kingdom in Riyadh, Faisal and Bandar bin Abdul Aziz, the presentation of a number of stations of the Riyadh train project, the fruitful partnership of public transport project in Riyadh and the private sector in the city from the point of view of
Prince of Wales praised the ceremony of awarding applications for the title of several Riyadh railway stations in the Embassy's palace of embassy with the participation of the Crown Prince Riyadh, Deputy Chairman of the Board of Directors, Prince Mohamed bin Abdul Rahman bin Abdul Aziz. Fee for the qualification of competing companies at this auction.
According to him, the winning project beneficiaries and partners will benefit from the winning companies and banks. This thanked and thanked all the managers, especially the Chief Executive Officer, for their persistent work in implementing this great project, in line with great efforts and plans. Like any other work performed in this sacred country, under the direction of the Custodian of the Two Sacred Mosque, and the Almighty God of God can protect it.
In turn, Tarik ibn Abdul Aziz al-Faris, Executive Director of the Riyadh Development Authority, has announced to a number of large business entities to assign a number of Riyadh railway station names.
1 – Saudi Telecom won the right to name the second one at the intersection of King Abdullah Road at Olaya Street.
2 – SABIC won the right to name a station at the Islamic University of Imam Muhammad ibn Saud in the vicinity of the farm, on lines IV IV.
3 – Bank Albilad won the right to rename the station located at the intersection of Olaya Street. The first line includes Prince Mohammed bin Abdul Aziz.
4 – The Bank of Saudi Arabia (SABB) won the right to name the station located at the intersection of Olaya Street and King Salman Road.
Al-Enmaa Bank won the right to rename the station located at the intersection of Al-Olaya Street. On the first line with Musa Binus Nusayr Street.
6 – Dr. The Suleiman Al-Habib Medical Team won the right to name a station at the intersection of Anas ben Malik at the intersection of Olea Street.
7 – Investment Centers Granatia Foundation (Granatia Center), on the sixth line, has the right to name the station located at the intersection of Abu Jafar al-Mansur Road by the bypass road.
8 – Majid Al Futtaim Trade Center (Seville city center) on the second line won the right to name the station on the intersection of King Abdullah Road with Al-Naja Street.
Earnings per million riyal stations
According to the management, the budget authorities initiated the introduction of the names of the selected groups of these stations into the local and international private sector investors, which led to the competition of these organizations in a number of competitive bids. A total of 8 projects worth 85 projects were allocated to a number of large business entities for a period of 10 years with a total value of 1 billion 40 million Riyals
The right to rename stations for the long-term project on the Riyadh Railway is aimed at supporting its sustainability, development of its services, reducing operational costs and returning the project to provide users with modern services in partnership with the private sector. Quality of life in the city, development of its economic structure, enhancing its potential and competitiveness as well as improving the environment and climate in accordance with the directions (Kingdom 2030).
3.6 million passengers a day
Tarek Al-Fares noted that the initiative to conduct a tender for the sale of a number of project locations allows large private individuals, institutions, banks, factories and trademarks to access the wide range of their products and services and to identify their brand and marketing campaigns. During the first operation, it was planned to accommodate more than 1 million passengers per day and with a maximum capacity of 3.6 million in the future lawşığa plans to raise up to God's will.
Package of features and tools
Al-Faris, the acquisition of the right to name a station in the train design, provides the winners with services that can be produced through advertising boards or advertising so that their designs and products are accessible to all targeted users of the project, publications in the Project, retail and retail outlets, project site and social network accounts.
High density and active motion
The Chairperson of the Government noted that the selection of stations within the auctions would take the most important place in the cities with densities, mobility and high level of passenger traffic, as the sale of the right to name a number of stations within the public transport project in Riyadh, the project's involvement in many industries, services and public transport and investment in the use, including: use, service, advertising, marketing, retail, telecommunications and other industries related opportunities.
At the end of the solemn ceremony, the Chairman of the Honorary Board of Trustees handed over the card of Riyadh railway stations and representatives of the winning companies.