Alstom Secures €460M Deal to Expand Riyadh Metro with Additional Driverless Trains
Event summary
- Alstom has signed a €460M contract with the Royal Commission for Riyadh City to supply additional driverless metro trains for Lines 3, 4, and 6.
- The order will increase capacity and improve service frequency across Riyadh’s metro network.
- The new trains will integrate with Alstom’s existing Metropolis driverless trains and Urbalis CBTC signalling technology.
- This deal builds on Alstom’s previous delivery of 116 driverless trains for the Riyadh Metro network.
- The contract will be recognized in the second quarter of Alstom’s 2026/27 financial year.
The big picture
This deal underscores Alstom’s growing footprint in Saudi Arabia’s urban mobility sector, aligning with the country’s Vision 2030 goals for smart infrastructure. The €460M contract highlights the increasing demand for advanced, sustainable transportation solutions in rapidly urbanizing cities. Alstom’s long-term investment in local expertise and technology transfer positions it as a key player in the region’s transportation development.
What we're watching
- Execution Risk
- Whether Alstom can seamlessly integrate the new trains into the existing infrastructure while maintaining high service standards.
- Market Dynamics
- How the expansion of Riyadh’s metro network will impact passenger demand and operational efficiency.
- Strategic Partnerships
- The pace at which Alstom can leverage this deal to secure additional contracts in the Middle East and other emerging markets.