Alstom to Develop Two Rail Projects in Iraq
December 06 2017 - 8:36AM
Dow Jones News
By Anthony Shevlin
France's Alstom SA (ALO.FR) said Wednesday that it has signed a
memorandum of understanding with the Iraq government to develop
urban transport in the cities of Baghdad and Basra.
The French transport company said that the agreement covers two
projects. The first is the implementation of a twenty-kilometer
aerial train in Baghdad, which includes the supply of rolling
stock, electro-mechanical systems, tracks and related civil
works.
The second project is for the development of the Basra subway
system, which includes two elevated lines of approximately 30
kilometers each.
Neither the start date nor the value of the agreement have been
disclosed.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
December 06, 2017 08:21 ET (13:21 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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