Madrid, 18 nov (EFE).- The Spanish consortium in charge of the work of the AVE between Mecca and Medina and the Saudi arabian authorities reached an agreement in principle that resolved the differences that arose between the two parties and clears the way for the completion of the works.
This agreement in principle was advanced today by the Spanish Ministry of Promotion, though for the moment has not been detailed its contents.
The president of Renfe (rail spain) and the consortium, Pablo Vázquez, he had traveled to Saudi Arabia to try to reach a global agreement on the additional time periods and additional costs associated with this project.
“this Is an important step to complete the BIRD of the desert, a great engineering project that is also the flag of the Spain Brand and demonstrates the leadership of our companies to a global scale”, stated the minister of public works, Íñigo Of the Serna, in a statement.
on the occasion of his recent visit to Spain, the president of the railway saudi arabia (SRO), Rumaih Mohammed Al-Rumaih, was willing to grant between 17 and 19 months of term with the Spanish companies to deliver the project, an additional period is in addition to the 14 months that he had already given before.
however, you have to know what is the final deadline that has been given to the Spanish companies in charge of the work, which was awarded in 2012 by 6,736 million euros (7.150 million dollars at the current exchange rate) and that is already implemented in a 65 %.
To address this and other issues, the king Felipe VI, had planned a visit to Saudi Arabia last weekend that finally was discontinued after the death of the brother of the monarch of saudi arabia.
In view of the differences that had arisen between the parties, was appointed the independent expert Paul Taggart to negotiate this new additional term, as well as the cost overruns of the project, negotiations that now has returned to the Spanish consortium.
The project, the biggest international contract won by Spanish companies, including the design and construction of the road systems and along more than 450 km, the supply of 35 trains, and the operation and maintenance of all items of the line for 12 years.
The Consortium Al Shoula, the successful tenderer for Phase 2 of the project, is integrated by the public companies Spanish Adif, Ineco and Renfe, and the private Cobra (ACS), Copasa, Consultrans, Imathia, Inabensa, Indra, OHL, Siemens and Talgo and the saudi Al Shoula and Al Rosan. EFE
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