French Alstom to implement tram project in Abu Dhabi

Abu Dhabi – Mubasher: Alstom is planning to establish a tram line in Abu Dhabi, the France-based conglomerate said on the sidelines of a press tour at its factories.

The tram and metro lines will be suitable for the emirate as they are sustainable means of transportation and boost traffic efficiency, Al-Ittihad newspaper reported, citing the firm as saying.

Alstom gave no further details on the cost of Abu Dhabi's tram project or its timeframe. 

The French power and transport engineering company is seeking to implement further expansion in the UAE through benefiting from investment opportunities of the future.

Alstom’s business in the UAE rose to EUR 2 billion after winning a deal to extend the Route 2020 Dubai Metro's Red Line to the Expo 2020 venue in Dubai.  

Alstom’s stake in this project amounted to EUR 1.3 billion.

The French train-maker will also carry out Dubai tramway project which will cost about EUR 700 million.

Mubasher Contribution Time: 18-Mar-2018 06:54 (GMT)
Mubasher Last Update Time: 18-Mar-2018 07:11 (GMT)