Remat Al-Riyadh Development Company, the development arm of Riyadh Municipality, has signed a contract with International Modern Industries Company for the design, implementation, operation and maintenance of the first phase of an alternative mobility network for Riyadh.
This contract is Remat Al-Riyadh’s first project in the alternative mobility sector and aims to regulate the use and parking of alternative mobility vehicles. The contract will also provide for additional transport options that facilitate short journeys and support integration with Riyadh’s public transport network.
Under the contract, International Modern Industries Company will operate and manage an alternative mobility vehicle network of approximately 22 kilometres along Olaya Street and Prince Abdulaziz bin Musaed bin Jalawi Street.
The project will provide approximately 1,000 e-scooters and e-bikes through a regulated network of designated parking locations that supports the integration of these alternative mobility’s into the city’s wider transport network.
The partnership reflects Remat Al-Riyadh’s mandate to improve municipal services through greater private sector participation that ensure the long-term transformation of the city’s services with a focus on operational efficiency, sustainability, and quality of experience.
Designed as a scalable operating model for alternative mobility in Riyadh, the project is part of Remat Al-Riyadh’s work to develop a more integrated mobility ecosystem for the city.
By integrating parking management, alternative mobility solutions for short journeys, and electric vehicle infrastructure, Remat Al-Riyadh aims to expand available mobility options and enhance the travel experience across the city.