A joint venture agreement was signed between Railway Management and Services Company (MASAR) and Europoles Middle East (EME) on Thursday 20, 2014 in the city of Riyadh for setting up a Spun Prestresed Concrete Poles producing factory in the Eastern Province using a German technology. The main aim of the factory is to produce and supply the concrete poles to Saudi Electricity Company for both transmission and distribution projects. The agreement is signed by Chairman of EME Dr. Tahir Al Kindi and CEO of MASAR Mr. Ali S. AlKarni in the presence of HRH Prince Abdulaziz bin Mishaal bin Abduaziz Al Saud the chairman of MASAR.