Partnerships Worth $80 Million Aim to Strengthen Supply Chains in Saudi Arabia

The MoUs will focus on building capabilities and fostering growth across various sectors. (Asharq Al-Awsat)
The MoUs will focus on building capabilities and fostering growth across various sectors. (Asharq Al-Awsat)
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Partnerships Worth $80 Million Aim to Strengthen Supply Chains in Saudi Arabia

The MoUs will focus on building capabilities and fostering growth across various sectors. (Asharq Al-Awsat)
The MoUs will focus on building capabilities and fostering growth across various sectors. (Asharq Al-Awsat)

ASMO Logistics, a joint venture of DHL and Saudi Aramco, has signed 16 memoranda of understanding (MoUs) with various companies to strengthen cooperation in energy, chemicals, refining, manufacturing, healthcare, aviation, and supply chains across the Middle East and North Africa.

The partnerships, worth over 300 million riyals (about $80 million), aim to digitize and develop the supply chain and procurement sectors in Saudi Arabia, collaborating with firms like Aramco Digital, Oracle, and SAP.

Salem Al-Huraish, Chairman of ASMO, highlighted that these partnerships will boost economic growth by creating a more flexible and efficient supply chain.

He noted that ASMO helps clients focus on their core business while benefiting from superior services, reducing carbon emissions, and improving operational efficiency.

ASMO plans to use innovative solutions to enhance supply chain services, financial operations, and human resource management through these partnerships.

The company will also establish procurement monitoring towers and create an online marketplace to aid businesses in making better decisions and improving productivity.

The MoUs will focus on building capabilities and fostering growth across various sectors. In chemicals and refining, ASMO has partnered with companies like Luberef and Petro Rabigh.

In energy, partners include Baker Hughes and Halliburton. For manufacturing, ASMO collaborates with ArcelorMittal and others.

Additionally, the company has signed MoUs with Aloula Aviation and the Johns Hopkins Aramco Healthcare Center in the aviation and healthcare sectors.



Riyadh Seeks to Ease Traffic Congestion by Launching Metro Project

The Riyadh Metro project covers six main lines with a total length of 176 kilometers and 84 stations. (King Abdulaziz Project for Public Transport)
The Riyadh Metro project covers six main lines with a total length of 176 kilometers and 84 stations. (King Abdulaziz Project for Public Transport)
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Riyadh Seeks to Ease Traffic Congestion by Launching Metro Project

The Riyadh Metro project covers six main lines with a total length of 176 kilometers and 84 stations. (King Abdulaziz Project for Public Transport)
The Riyadh Metro project covers six main lines with a total length of 176 kilometers and 84 stations. (King Abdulaziz Project for Public Transport)

Saudi Arabia is preparing to launch the “Riyadh Metro” project, one of the largest public transportation projects in the region, which promises to improve the quality of life for residents by reducing traffic congestion and air pollution.

Minister of Transport and Logistics Eng. Saleh Al-Jasser recently announced that the landmark Riyadh Metro is in its final stages and nearing completion.

In 2013, the government awarded contracts worth $22.5 billion to three international consortia led by some of the world’s largest railway manufacturers to design and build Riyadh’s first metro network. The main network for the Riyadh Bus system was completed in Sept. 2023, serving as a crucial feeder to the metro system through 54 routes and 2,145 stations and stops spread across the capital.

The Riyadh Metro consists of a network of six main lines spanning the city, aiming to connect vital areas and facilitate daily commutes for the city’s 7.5 million residents. As the capital aims to double its population by 2030, the government recently allocated SAR 6 billion ($1.6 billion) to improve the city’s infrastructure, a figure four times higher than previous contracts, according to the Riyadh Municipality.

The Riyadh Metro project covers six main lines with a total length of 176 kilometers and 84 stations. The metro network is also connected to King Khalid International Airport, the King Abdullah Financial District, major universities, downtown Riyadh, and the public transport center, according to the Royal Commission for Riyadh City.

The six routes of the Riyadh Metro network are:

1. Line 1 (Blue Line): Al-Olaya - Batha - Al-Ha’ir axis, 38 km long.

2. Line 2 (Red Line): King Abdullah Road, 25.3 km long.

3. Line 3 (Orange Line): Madinah Road - Prince Saad bin Abdulrahman Al-Awal axis, 40.7 km long.

4. Line 4 (Yellow Line): King Khalid International Airport axis, 29.6 km long.

5. Line 5 (Green Line): King Abdulaziz Road axis, 12.9 km long.

6. Line 6 (Purple Line): Abdulrahman bin Awf Road - Sheikh Hassan bin Hussein bin Ali Road axis, 30 km long.

Ticket prices

The cost of a ticket for the Riyadh Bus, the main feeder for the Riyadh Metro, is 4 riyals ($1.07) and is valid for two hours, starting from the first check-in on a bus or by activating the ticket through the app.

The same ticket can be used to transfer to another bus within this time. Children up to six years old can ride for free, while metro ticket prices have not yet been announced.

Infrastructure

The public transport project includes 21 public parking areas, each accommodating between 200 and 600 cars, to facilitate the use of the metro network. These parking spots are distributed to make transfers easier.

In September, the Riyadh Municipality signed five contracts worth SAR 6 billion to improve road quality, representing four times the value of previous contracts. Additionally, SAR 70 billion ($18.6 billion) has been allocated to improve the road network in Riyadh, as previously announced by Minister Al-Jasser during the Smart Cities Conference in May.

Eco-friendly

Environmentally, Riyadh’s buses use low-sulfur fuel, making them among the most eco-friendly vehicles, contributing significantly to reducing carbon emissions and improving air quality, according to the Royal Commission for Riyadh City.

The metro network will also play an active role in reducing harmful greenhouse gases and mitigating rising temperatures in the city by providing sustainable transportation options. This effort aligns with broader goals to improve the quality of life for residents and visitors and create a healthy environment for all.