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October 5, 2018

Deals this week: Transmashholding-Hungary, Trainline, JICA

The Transmashholding-Hungary consortium has been awarded a five-year contract worth €1bn ($1.17bn) for the delivery of passenger car trains to Egyptian National Railways (ENR).

The Transmashholding-Hungary consortium has been awarded a five-year contract worth €1bn ($1.17bn) for the delivery of passenger car trains to Egyptian National Railways (ENR).

Transmashholding-Hungary will be responsible for the supply of 1,300 sitting passenger cars to ENR under the contract.

It will deliver 500 three-class forced ventilation cars, 500 three-class air-conditioned cars and 300 two-class cars with air-conditioning and an on-board café.

Trainline has partnered with ticketing agency Real Russia to expand its operations in the country.

The partnership enables Trainline customers to access the Trans-Siberian Express and the high-speed Sapsan trains operating between Moscow and St Petersburg or Nizhny Novgorod.

Trainline will have an opportunity to work with rail and coach companies across the world under the partnership.

The Japan International Cooperation Agency (JICA) has agreed to provide loans worth $1.01bn to the Indian Government for the development of two rail projects.

The 508km-long Mumbai-Ahmedabad high-speed rail project will be developed using $790m of the loan, while the remaining $230m will be used for development of the Kolkata East-West Metro Project.

“The 508km-long Mumbai-Ahmedabad high-speed rail project will be developed using $790m of the loan.”

The Mumbai-Ahmedabad high-speed rail project will be developed by National High-Speed Rail (NHSRCL), based on the Shinkansen system network in Japan. Project construction started in 2017 and is expected to be completed by December 2023.

The Kolkata East-West Metro is a mass rapid transit system, which is scheduled to start operations in June 2021.

China Railway (CRC) has awarded a $324m contract to Bombardier Sifang (Qingdao) Transportation (BST), Bombardier’s Chinese joint venture (JV).

The contract includes delivery of 120 CR400AF new Chinese standard high-speed train cars, which will constitute five eight-car trains and five 16-car trains.

Deliveries of the vehicles are expected to be completed by the end of 2018.

Deutsche Bahn subsidiary DB Station&Service has reached an agreement with euromicron Deutschland for the extension of its existing contract by three years.

euromicron Deutschland will equip long-distance train stations with optimised video surveillance solutions under the contract.

The agreement includes an option for extension of the contract by one more year.

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