ALSTOM consortium chosen for the supply of metro trains

ITMA ASIA + CITME 2008  () 2006-10-09 

The Shanghai Shetong Holdings Group, the transport investment branch of the Shanghai Municipality, has announced today that the ALSTOM consortium was chosen for the supply of METROPOLIS trains for the extension of Shanghai’s metro line 1.

The consortium comprising SATCO*, a joint venture of ALSTOM Transport and Shanghai Electric Corporation, and CSR Nanjing Puzhen Rolling Stock Works, was selected for the supply of 16 trainsets of 8 cars each.

The total value of this contract is 134 million euros and the ALSTOM share will be about one third of this.

Patrick Kron, Chairman and Chief Executive Officer of ALSTOM, said: ? ALSTOM has received orders for some 500 METROPOLIS metro cars to the city of Shanghai, of which more than 200 are currently in operation on the Pearl and Xinmin lines. This new contract confirms our strong commitment to be, with our Chinese partners, the supplier of choice for the Shanghai Metro system, and to a wider extent, for the mass transit market in China.

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