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Carlos M. Jarque, Chief Executive Officer of
FCC, visited Riyadh (Saudi Arabia) to meet
with the staff of all Group divisions deployed
there. At the meeting with FCC senior ma-
nagers on the Riyadh Metro project, he was
opportunely informed of the main details and
figures behind the project, the synergies with
other Group companies, the challenges and
the “lessons learned” that can be transmit-
ted to the rest of the organisation.
For his part, the Group CEO explained to
FCC staff in Riyadh some of the decisions
taken in recent months and their outcome.
He underlined the imperative need to return
to profitability in all construction projects
through appropriate selection and cost and
structural reductions. Mr Jarque also visited
the offices of the FAST Consortium (respon-
sible for building 3 lines of the Riyadh Me-
tro), an example of diversity and culture with
people from 42 nationalities speaking 22 di-
fferent languages. Subsequently, the delega-
tion headed by Mr Jarque took a tour of the
Line 5 (Green) Northern Tunnel, where FCC
personnel on site explained the operations
and the challenges and difficulties they have
overcome in the last 11 months’ work.
During his visit, the Group CEO also atten-
ded the presentation ceremony to mark the
end of the excavation of the Riyadh Metro
Green line tunnel. Accompanying our Citizen
Services Group CEO were the Governor of
Riyadh, HRH Prince Faisal bin Bandar bin
Abdulaziz Al Saud, Minister of Transport,
His Excellency Suleiman Al Hamdan, as well
as other government representatives, Paul
Carlos M. Jarque
meets FCC workforce in
Riyadh (Saudi Arabia)
Colio, director of FCC Construction Interna-
tional division, Jaime Freyre de Andrade, di-
rector of the FAST Consortium (led by FCC)
and Mijangos Yago, director of FCC in the
Middle East.
An economic powerhouse for Riyadh
At his meetings with the Governor, the Ma-
yor of Riyadh and other executives from the
FAST Consortium, Carlos M. Jarque poin-
ted out that when the Riyadh Metro comes
into service, it will drastically change the
capital’s residential configuration and boost
its economy, as well as providing sustaina-
ble social development for the population.
He also reiterated FCC’s commitment to
the project and announced the changes
made in the management team. The local
authorities praised the efforts made by the
FCC team in the project and encouraged
the Group to participate in upcoming inves-