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News Uploaded On : Wednesday, September 19, 2012 2:03:00 PM IND Back  |  Latest Projects  |  Latest Tenders
 
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Bombardier Transportation signed contracts with Talgo SA for Saudi High speed rail project
Bombardier Transportation has signed contracts with Talgo SA to develop and supply components for 36 very high-speed trains for Saudi Arabia.

The contracts are worth about $367 million.

Talgo, a member of a consortium led by the Spanish railway operator RENFE, was recently contracted to build and operate a 450-kilometre-per-hour high-speed line connecting Mecca and Medina.

The deal include Bombardier's propulsion and control package and 12-year maintenance services for the trains and their components.

Most of Bombardier's manufacturing for the project will take place at its plant in Trapaga, Spain.

Source: The Canadian Press

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