Spain's Indra wins $314m for Riyadh public transport project

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By Andy Sambidge  www.arabianbusiness.com

Spanish firm Indra has announced that it has won a €266 million ($314 million) contract to implement the world’s biggest ticketing system for the Riyadh public transport systems.

ArRiyadh Development Authority (ADA), the company responsible for modernising Riyadh’s infrastructures, has chosen Indra to deliver the project over 54 months. The contract also includes maintenance and technological assistance for 10 years.

Indra will develop the entire advanced pricing management system for the city’s public transportation network.

This includes a ticketing control centre with information from the various systems, financial management software, the operator clearing house, and other systems for commercial management. More info