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Saudi Cabinet approves a railway cooperation memorandum with Türkiye
The Saudi Cabinet, chaired by Crown Prince Mohammed bin Salman, approved a memorandum of understanding with Türkiye’s Ministry of Transport and Infrastructure on cooperation in railways, alongside the signing of a memorandum between the two countries on cooperation in electricity projects in Antalya on the sidelines of COP31.
The Saudi Cabinet, at a session chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved a memorandum of understanding between the Kingdom and the Ministry of Transport and Infrastructure of the Republic of Türkiye on cooperation in railways.
The decision came alongside the signing by Saudi Energy Minister Prince Abdulaziz bin Salman and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar, in the presence of President Recep Tayyip Erdoğan, of a memorandum of understanding on cooperation in electricity projects in the Turkish city of Antalya on the sidelines of the United Nations Climate Change Conference (COP31).
This comes amid growing economic cooperation between the two countries, as Saudi-Turkish relations gain increasing momentum in energy, defense industries and investment. Istanbul hosted the Turkish-Saudi Defense Industries Days this week, with the participation of more than 125 companies from both countries.
Türkiye has extensive experience in constructing high-speed railway lines, while Saudi Arabia is expanding its rail network as part of Vision 2030 plans to develop the transport and logistics services sector.
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