‎Ministry of Investments signs MoU with Alstom to set regional HQ in Saudi Arabia

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The MoU signing ceremony 


The Ministry of Funding signed a memorandum of understanding (MoU) with Alstom, a global chief in rail transport and sustainable mobility, the say-trip SPA reported.

The MoU targets to extra stumble on investment alternatives in the transport sector, localize its industries, and set Alstom’s regional headquarters in the Kingdom.

The MoU additionally targets to search out the Saudi transport sector’s sustainable future and clutch investment alternatives in the general public transport sector when it comes to railways, sustainable mobility technologies and reduction of carbon emissions per Imaginative and prescient 2030.