Sunday, March 12, 2017

Unipart Rail, Arabian Railway to set up Saudi JV

UK-based Unipart Rail, a leading supplier of services to the rail industry, said it will join hands with Arabian Railway Company to set up a new company that will deliver world-class projects, supply chain services and consultancy in Saudi Arabia.  

Arabian Railway Company is the first of its kind and a specialised multi-disciplinary railway services company based in Saudi Arabia.

A wholly-owned subsidiary of Mohawarean International Group (MIG), the company provides a range of maintenance activities across the full spectrum of rail transportation disciplines throughout the GCC.

Under this agreement, Unipart Rail will be opening a new office in Saudi Arabia at MIG's new tower block on King Fahd Road in Riyadh, opposite to the King Abdullah Financial District.

Speaking at the signing ceremony, Noel Travers, the deputy managing director, Unipart Rail, said the next 10 years will witness unparalleled reform of transport within the Middle East.

"Expansion on this scale, in this time span, has never been seen before," stated Travers in the presence of UK Rail Minister Paul Maynard MP at the signing ceremony held during the Middle East Rail 2017 conference in Dubai.
"The size and scale of railway development projects are vast, and there are good opportunities for Unipart Rail and Arabian Railway Company throughout the supply chain," said the top official.

"Unipart brings a strong heritage in the rail sector, a growing range of services, and The Unipart Way of working, which has been adopted by many of our clients globally as a route to continuous productivity improvement," he added.

Khalid Al Jumaid, the chief executive of Arabian Railway Company, said: "Unipart are experts in managing all kinds of supply chain. They take all the challenges and difficulties of an operator, and manage it on their behalf."

"They come with an excellent track record and experience, as well as knowing the Middle East market very well – and that’s why I believe that Unipart will be successful here," he added.-TradeArabia News Service

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