«Al-Jazeera» – Salem Al-Yami / Photography – Fawaz Al-Rukhi:
His Royal Highness Faisal bin Bandar bin Abdul Aziz, Chairman of the Riyadh Development Authority, Chairman of the Supreme Committee for the Supervision of the Implementation of the King Abd Al-Aziz Public Transport Project in Riyadh, announced that the appointment of several stations in the Riyadh Railway project comes in the context of A fruitful partnership between the public transportation project in Riyadh and the private sector in the city.
In his patronage, the Crown Prince praised the ceremony to announce the results of the proposal to establish several railway stations in Riyadh at the Cultural Palace in the Embassy neighborhood in the presence of His Highness Prince Mohammed bin Abdul Rahman bin Abdul Aziz, Vice Chairman of the Board of Directors of the Riyadh Development Authority. Which compete in this tender.
He said that the bidder's income will benefit both the project's users and its partners from the winning companies and the banks in the tender, and expressed his thanks and appreciation to all the PA officials, especially the CEO, for their great efforts and their energetic work in implementing the large project according to the plans. , Led by the Custodian of the Two Holy Mosques, and by His Highness the Heir Apparent, God will keep him.
Riyad's Chairman of the Board, Engineer Tarek bin Abd Al-Aziz Al-Fares, announced the granting of naming rights to several railway stations in Riyadh to a number of major economic entities: The results of the tender were as follows:
1 – Saudi Telecom Company won the tender to order the name of the central bus station located at the intersection of Ulya Street with King Abdullah Road, on the tracks and the second.
2 – Sabik won the naming rights for a station located near the Imam Muhammad bin Saud Islamic University in the farmer's neighborhood, on the IV IV tracks.
3 – Bank Albilad, won the rights of naming the station located at the intersection of Ulya Street with Prince Mohammed bin Abdul Aziz Street, on the first runway.
4 – The Saudi Saudi Bank (SABB) was granted naming rights to a station located at the intersection of Ulyaia and King Salman Street, in the first lane.
5 – Al-Anmaa Bank won a tender for naming the station located at the intersection of Al-Olaya Street and Mousa Ben Nasir Street, on the first track.
6 – Dr. Suleiman Al-Habib received the rights to name the station located at the intersection of Ulya Street and Anas Ben Malik Road, on the first track.
7 – The Grantia Fund for Investment Centers (the Granitia Center) won a tender for naming rights for the station located at the intersection of the road and the road east of the Mansur with the eastern ring road, on the sixth track.
8 – The shopping center of Magdalen (Seville city center) was awarded the naming of a station located at the intersection of King Abdullah Road and Al-Najah Street on the second lane.
Billion dollars revenue 8 stations
The Authority's CEO said that the Authority had earlier initiated an initiative to include naming rights for selected groups of these stations for investors in the local and international private sector, which led to the advancement of several of these entities in their bids to compete for naming rights. 85 projects to a number of major economic entities for a period of 10 years, with a total value of 45 million forty million rials
"The sale of the rights that were set for long term stations in the Riyadh Railway project is intended to achieve returns for the project invested in supporting its sustainability, development of services, reducing operating costs and providing modern services to users in partnership with the private sector. And the climate of investment, depending on directions (Vision 2030 Kingdom).
3.6 million passengers a day
Engineer Tarek Al-Fares noted that the initiative to tender the sale of rights to a number of stations in the project provides an opportunity for large private entities of local and international companies, institutions, banks, factories and trademarks to obtain a wide range of their products and services and to establish their brand and marketing campaigns. Is designed to accommodate more than 1 million passengers on its first day of operation, and plans to raise its maximum capacity to 3.6 million passengers per day in the future – God willing.
Package features and facilities
Al-Fares added that the acquisition of station rights in the railway project enables the winning entities to receive a package of services, features and facilities that will make their marks and products for all target sectors of the project users, whether through billboards or advertisements, publications issued by the project, retailers and retailers Project and his accounts on social media.
High density and active movement
Said that the selection of stations in the tender reached important places of the city, which enjoys high population density, active traffic and a high level of passengers, and noted that the sale of naming rights to public transportation stations in Riyadh, the existing investment opportunities in the project, Public transport, such as: operation, maintenance, advertising, marketing, retail, telecommunications and more.
At the end of the ceremony, His Highness the Chairman of the Board of Trustees of the Authority revealed the map of the railway stations in Riyadh and the handing over of the Shield of Honor to the representatives of the winning companies.