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Issue #583 | Forest Products

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Forest Products

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2014 Media Kit
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Bombardier-led group wins $4.1 bln railway contract in Australia

By: | at 01:57 PM | Channel(s): Intermodal  

Bombardier Inc said on Friday a group led by its rail technology unit has signed a $4.1 billion contract with the Australian state of Queensland.

Bombardier Transportation’s share of the contract for a rollingstock project is valued at about $2.7 billion.

Bombardier will supply 75 electrical multiple units, build a depot and provide maintenance for 30 years.

Specialist asset manager John Laing, Japanese trading house Itochu Corp and Uberior are the other members of the consortium.