Saudi Arabia’s Arriyadh Development Authority (ADA) has awarded Germany’s ThyssenKrupp a contract to design, manufacture, and supply and maintain 251 elevators and 390 escalators for Lines 1 and 2 of the Riyadh Metro.

The value of the contract has not been disclosed.

Six lines are under-construction for the Riyadh Metro, which will run for a total length of 176 kilometres across Riyadh over 85 stations.

Line 1 will cover a total of 44km and have 39 stations while Line 2 will be about 22.5km in length and have 13 stations.

The BACS consortium, comprising the US’ Bechtel, the local Almabani General Contractors, Athens-based Consolidated Contractors Company (CCC) and Germany’s Siemens, won the $9.29bn contract to develop the two metro lines in July 2013.

In June, the ADA said it has completed the tunnel excavation works for Line 5 (Green line) of the Riyadh Metro.

MEED also reported earlier that Saudi Arabia is considering the option to finance nearly two-thirds of the $23.2bn Riyadh Metro scheme as the kingdom looks to preserve depleting cash reserves caused by lower oil prices.