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Russian Railways to bid for construction of railroads in Saudi Arabia

Russian Railways will soon submit an application for the construction of railways in Saudi Arabia, the head of the Russian Direct Investments Fund says

RIYADH, October 25. /TASS/. Russian Railways will soon submit an application for the construction of railways in Saudi Arabia, head of the Russian Direct Investments Fund (RDIF), a member of the board of directors of Russian Railways, Kirill Dmitriev, told reporters on the sidelines of the Future Investment Initiative forum.

"Russian Railways will apply for the construction of a railway from Saudi Arabia. We believe that Russian Railways has one of the best competencies in the world in construction of railways. For example, now in India, Russian Railways will be one of the country's main partners in the construction of railways. Therefore, the infrastructure project on the basis of Russian Railways, and I am a member of the Board of Directors of Russian Railways, and we discussed it with the company’s CEO Oleg Belozerov, is a great priority for us [in Saudi Arabia]," he said.