Saudi Railways Organization and Saudi Railways Company merger approved
The merger emphasises the leading role of the railway industry in the Kingdom of Saudi Arabia.
The merger of Saudi Railways Organization (SRO) and Saudi Railways Company (SAR) has been formally approved, with the combined entity using the Saudi Railways Company (SRA) name.
Saleh Bin Nasser Al-Jasser, Minister of Transport, Chairman of the Board of Directors of SAR, extended his thanks and gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, on the occasion of the honorable approval of the merger, affirming in his speech the gratitude to all those belonging to the transport industry in general and the railways in particular for the unlimited support of the wise leadership, and the approval of the historic merger, which achieves goals of the Kingdom and enhances its position and its effective role on the international economic scene as a logistics gate and through its related vital infrastructure.
The CEO of SAR, Dr. Bashar bin Khalid Al-Malik, stressed that the company’s top priority will be to develop services, raise customer satisfaction rates, unify and accelerate procedures, raise efficiency in rationing expenses, and invest in developing human resources in all railway-related business. He commented: “Work is underway to harmonise operational processes during the current phase until all stages are completed. The company will continue to move forward in developing and providing a safe and reliable transportation service in all its lines and establishing its expansion projects.”