ALSA to Oversee Operation of 156 Buses in Saudi Arabia

The Mobico Group has announced that its ALSA subsidiary has won an eight-year capital-light contract within the Kingdom of Saudi Arabia.

Awarded as part of a Joint-Venture project, the contract carries a value of 500 million EUR in revenue.

Concept art of the new Saudi Arabian city, Qiddiya

The new city will focus predominantly on entertainment

The contract, which will be run with a local company, will include the operation of 156 vehicles, with 126 being electric. The vehicles will serve Qiddiya, a new city located on the outskirts of Riyadh.

ALSA will also be responsible for the operation of Park & Ride facilities and shuttle services connecting Riyadh and Qiddiya.

The company first established operations in Saudi Arabia in October 2023, providing long-haul, intercity services across its southern region.

Phil White, Executive Chair of Mobico, said:
This new contract, which meets our disciplined return hurdles, strengthens Mobico's presence in the Middle East and showcases ALSA's ability to win competitive contracts in large-scale overseas projects, positioning ourselves as a leading operator of innovative, sustainable transport services.