National Express wins ten-year Bahrain contract
Birmingham transport operator National Express Group has won a £170m contract from the Bahraini Ministry of Transportation.
The business has been awarded the ten-year agreement through a new joint venture.
The contract, which starts on 15 February 2015, will provide 141 new vehicles to serve the capital Manama and inter-urban routes across the entire Kingdom of Bahrain.
It is expected to generate in excess of £170m of revenue to the joint venture over the ten years.
National Express said the win opened up a new regional market and provided a springboard for further opportunities currently emerging across the Middle East.
Through its NX Bahrain Bus Company subsidiary, the group entered into a 50/50 joint venture with Bahraini conglomerate Ahmed Mansoor Al A'Ali to form Bahrain Public Transport Company, which will hold the concession.
National Express chief executive Dean Finch said: "We are delighted to win this new contract for bus services in Bahrain alongside our partner AMA.
"Building on our recent German rail success, we are delighted that our reputation for operational excellence is opening up further exciting, new markets. We expect this win to provide a platform for further expansion in the region and our team are already working on other opportunities."