ALSTOM Selected for Santiago de Chile Metro Line 4 Under a Contract Worth More than €250 Million
31 July 2002 14:42
Chile's Metro S.A. has selected ALSTOM for the supply of rolling stock, Automatic Train Control equipment and maintenance services for Santiago de Chile's metro line 4, under a contract worth more than 250 million euros including options. The new 32-kilometre line will link the Tobalaba Ave. (district of Providencia) and Puente Alto district, crossing the city from north to south.
Within the scope of this project, ALSTOM will supply 60 stainless steel METROPOLIS metro trains, each comprising three cars, as well as the URBALIS equipment for Automatic Train Control. The production of the cars will be shared between ALSTOM plants in Europe and Brazil, while the Automatic Train Control system will be supplied from France.
The new line is scheduled to start commercial operation at the end of 2005, and is expected to carry more than 50 million passengers per year.
Michel Moreau, President of ALSTOM's Transport sector, said 'This latest success, which comes after a rigorous international competitive bidding process for one of the most demanding metro systems in the world, reinforces ALSTOM's already well-established position on the metro market and demonstrates the complementarity of our Latin American and European plants.'
ALSTOM is the global specialist in energy and transport infrastructure. The Company serves the energy market through its activities in the fields of power generation and power transmission and distribution, and the transport market through its activities in rail and marine. In fiscal year 2001/02, ALSTOM had annual sales in excess of €23 billion and employed 118,000 people in over 70 countries.
ALSTOM is listed on the Paris, London and New York stock exchanges.
ALSTOM's Transport Sector, with annual sales of €4.4 billion, is an internationally leading supplier of rolling stock, information systems, services and complete turnkey systems to the rail industry.
For more information on this company:
ALSTOM - Power Supply to Substations and Catenaries
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