12 October 2015
RATP President and Chief Executive Elisabeth Borne will travel to Riyadh as part of the delegation led by French Prime Minister Manuel Valls to take part in the second Franco-Saudi business forum on 12 and 13 October in the Saudi capital.
Round table sessions during the business forum held jointly by Business France and MEDEF International in partnership with the Saudi Council of Chambers will enable French and local groups to discuss investments and industrial partnerships.
Elisabeth Borne will talk about sustainable cities and the energy transition in transport. Ms Borne's attendance will also afford an opportunity for the RATP president and chief executive to meet Hathloul Al Hathloul, the Saudi deputy minister of transport and AbdulAziz Al Ohaly, president of PTA, the transport authority for the entire kingdom, along with Faisal ben Bandar Al Saud, president of ADA, the transport authority in Riyadh. Elisabeth Borne will also visit the Riyadh metro construction site of which RATP Dev is one of potential operators (six lines and 180 km) alongside its local partner Saptco.
RATP Dev and its partner Saptco have already been awarded the ten-year contract to implement, operate and maintain the Riyadh bus network, which will ultimately feature a hundred lines and a fleet of a thousand vehicles. The network will transport some 120 million passengers per year by 2020 and is one of the most ambitious projects to be developed in the world. The contract is worth 1.675 billion euros and is the largest project to have been won by RATP Dev yet.
About RATP Dev
RATP Dev is a subsidiary of RATP Group established in 2002 to export the group's operating and maintenance know-how in France and internationally outside the historic network operated by RATP in the Paris region. RATP Dev is now present in 14 countries on four continents (United Kingdom, France, Italy, Switzerland, Algeria, Morocco, South Africa, Saudi Arabia, USA, Brazil, India, China, South Korea and the Philippines). RATP Dev is aiming at revenue exceeding one billion euros in 2015.
About RATP Group
With 14 million daily passengers worldwide, RATP Group is the fifth largest urban transport operator in the world. With its 14 metro lines (including two driverless lines), two regional express rail lines, seven tramway lines, 350 bus lines and shuttle services for the two international airports around Paris, the multimodal network operated by RATP in the Paris region is the largest in the world to be managed by a single company.
RATP Group exports its know-how all over the world; in engineering through Systra, its subsidiary jointly owned with SNCF, and in operations and maintenance via its RATP Dev subsidiary.
RATP Group can devise, design and implement infrastructure development projects, operate and maintain networks irrespective of the mode of transport (metro, regional train, tramway and bus) and develop innovative services to promote mobility (including passenger information, remote ticketing, pricing and customer marketing).
RATP Group exports its know-how all over the world; in engineering through Systra, its subsidiary jointly owned with SNCF, in operations and maintenance via its RATP Dev subsidiary and in innovative services to promote mobility through its IXXI subsidiary.
RATP Group has a workforce of nearly 60,000 employees worldwide and in 2014 generated revenue of €5.25 billion.
© Press Release 2015