145 firms bid for Qiddiya High-Speed Rail project: RCRC

14/11/2025 Argaam

The Royal Commission for Riyadh City (RCRC), in cooperation with the National Center for Privatization & PPP (NCP) and Qiddiya Investment Co. (QIC), revealed the list of companies that have expressed interest in bidding for the Qiddiya High-Speed Rail project.

 

The list includes 145 companies, divided into six categories, covering developers, suppliers, operators, investors, and management and design consultancies, RCRC said.

 

It explained that the Qiddiya Rail aims to diversify transportation modes in Riyadh, noting that the project will be implemented under a public-private partnership (PPP) model.

 

Last September, RCRC, alongside the NCP and QIC, announced the launch of the registration phase for companies and entities wishing to bid for Phase 1 of the Qiddiya High-Speed Rail through the PPP model, according to Argaam data.

 

The project aims to connect King Salman International Airport, King Abdullah Financial District (KAFD), and Qiddiya City, via a high-speed rail line with speeds reaching 250 km/h.

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