The Saudi Railway Company (SAR) is preparing to launch a special program for the localization of the railway industry in the coming days, aiming to boost local spending.

The company achieved a local spending rate of over 50% in 2023 and is aiming to increase this to 60% by 2025 in collaboration with sector partners.

SAR’s CEO, Dr. Bashar Al-Malik, revealed in a statement to foreign media that the program will be announced during the Saudi International Railway Conference, which will be held in Riyadh on November 20 and 21.