Tuesday, 17 September 2019 09:03 GMT
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Alstom to invest USD100m in Turkey's high-speed railway




(MENAFN) Alstom, the French multinational firm operating in the worldwide rail transport markets, intends to bid in a tender for high-speed rail in Turkey and would spend USD110 million on a production plant.

In particular, Turkey is currently seeking to open a tender to obtain 80 high-speed trains by the middle of this year, adding that the projected value of the investment will be nearly USD5-6 billion.

Moreover, Alstom is active in the fields of passenger transportation, signaling and locomotives, with products including the AGV, TGV, Eurostar, and Pendolino high-speed trains, in addition to metro trains.

"Our ministry has been working on a tender to buy 80 high-speed trains. This will be an investment worth around $5-6 billion. The tender may be held by the middle of this year," said a top Turkish official.


Alstom to invest USD100m in Turkey's high-speed railway

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