Indra to maintain and operate high-speed rail control systems for Mecca-Medina line for €130 million
Bankinter | Indra (IDR) will maintain and operate the high-speed rail control systems for the Mecca-Medina line in Saudi Arabia for the next five years for €130 million. With this contract, Indra will continue to provide support for rail traffic management, signalling, telecommunications, ticket sales and reservations, access control, security, etc. Bankinter analysis team’s view: Positive impact. However, the amount is not high. Assuming that the contract is distributed evenly…









