MILAN, January 22, 2026 – With reference to the extension of Riyadh Metro’s Red Line, previously announced by Webuild on January 13, the Group informs that the contract has a total value of $2.75 billion. The project, commissioned by the Royal Commission for Riyadh City (RCRC), will be executed by a consortium led by Webuild, which holds a 30.1% share, equal to approximately $830 million, together with India's L&T, Saudi Arabia's NESMA and France's ALSTOM.

The project includes the design and construction of an 8.4 km new driverless metro line, 1.3 km of which will be on viaduct and the remaining 7.1 km in tunnels. It also includes five stations, three of which will be underground, as well as all signaling systems. A Tunnel Boring Machine (TBM) will be used for the excavation of the underground section.