Saudi Arabia and Virgin Hyperloop One sign deal to exchange scientific and technological knowledge

The hyperloop company and the KAUST university signed the partnership at the Future Investment Initiative (FII) . (Supplied)
Updated 13 November 2019
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Saudi Arabia and Virgin Hyperloop One sign deal to exchange scientific and technological knowledge

  • The hyperloop company and the KAUST university signed the partnership at the Future Investment Initiative (FII)
  • They both agreed to develop the country’s transportation infrastructure

RIYADH: US-based Virgin Hyperloop One (VHO) recently signed a memorandum of understanding with Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) to in a project to develop the Kingdom’s transport sector.

The globally-leading hyperloop company agreed with the university to develop the country’s transportation infrastructure by “fostering the exchange of scientific and technological knowledge,” according to a statement.

The California-based company and the Kingdom's leading private research institution signed the partnership at the Future Investment Initiative (FII) in Riyadh earlier this month.

The announcement came after the leading developer of hyperloop technology and King Abdullah Economic City (KAEC) published the findings of a feasibility study on the establishment of a centre of excellence at KAEC.

The study included the world's first full-speed testing track and a manufacturing facility from which Hyperloop parts would be exported to another market. 

 


Riyadh sees 24% decrease in infrastructure project duration in 2025

Updated 52 min 1 sec ago
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Riyadh sees 24% decrease in infrastructure project duration in 2025

RIYADH: Saudi Arabia’s capital recorded a 24 percent decrease in the execution time of infrastructure projects in 2025 compared to 2024, with the average implementation period falling from 34 days to 26 days.

According to Riyadh Infrastructure Projects Center, the improvement reflects effective coordination among various partners and stakeholders, alongside steady growth in project volumes.

This reduction came despite a rise in the total number of permits from more than 150,000 in 2024 to over 195,000 in 2025, marking a 29 percent increase in energy, water, telecommunications, and road projects in the region.

RIPC explained that the improvement is directly linked to the implementation of a comprehensive infrastructure plan and enhanced pre-planning, aligned with its strategic approach to managing projects through an integrated value chain covering planning, coordination, and enablement.

This approach, RIPC noted, relies on continuous regulatory and standard updates to boost procedural efficiency, minimize time and spatial conflicts, and reduce duplication of work.

The center highlighted that this approach reflects its regulatory role in unifying operational vision, improving stakeholder coordination, activating tools that enhance execution quality, and ensuring alignment with quality-of-life objectives and asset protection.

Operational indicators also reflected growth in project lengths, increasing from 9,490 km to 11,784 km — a 24 percent rise — alongside a surge in handled reports, which rose from 101,102 to 233,101, marking a 131 percent increase, highlighting an expanded monitoring scope and improved efficiency in managing infrastructure-related reports.

Supervisory visits rose from 84,316 in 2024 to 292,794 in 2025, a 247 percent increase, alongside an improvement in license compliance rates from 91 percent to 92 percent. These results reinforce the center’s commitment to strengthening adherence to safety and quality standards through effective oversight and standardized compliance guidance.

RIPC also highlighted that these achievements reflect its strategic focus on minimizing obstacles from infrastructure projects and reducing their urban impact during implementation, adding that this approach contributes to improving the city’s urban landscape, limiting closures and disruptions, and enhancing the daily experience of Riyadh residents.

It affirmed its continued efforts to advance planning, coordination, digitalization, and data management, while updating the regulatory and standards framework as part of a long-term strategic roadmap.

The center emphasized that this strategy is designed to keep pace with project expansion, boost organizational efficiency and sustainability, and support the development of a more integrated and harmonious urban environment for the city and its residents.