Business & Finance
Vingroup, Alstom reach a deal for 200 Hanoi metro trainsets
Key Points
Vingroup, Alstom reach a deal for 200 Hanoi metro trainsets HANOI, Oct 6 : Vietnam's Vingroup and France's Alstom have agreed to a deal for 200 metro trainsets and an associated technology transfer to support Hanoi's urban rail expansion, the companies said in a statement on Tuesday. • Under the agreement, the first 83 five-car, fully automated driverless trainsets will be designed and built at Alstom's facility in France. • Vingroup will manufacture and assemble the remaining 117 trainsets...
Vingroup, Alstom reach a deal for 200 Hanoi metro trainsets
HANOI, Oct 6 : Vietnam's Vingroup and France's Alstom have agreed to a deal for 200 metro trainsets and an associated technology transfer to support Hanoi's urban rail expansion, the companies said in a statement on Tuesday.
• Under the agreement, the first 83 five-car, fully automated driverless trainsets will be designed and built at Alstom's facility in France.
• Vingroup will manufacture and assemble the remaining 117 trainsets in Vietnam, with Alstom providing engineering expertise, tooling support and key components.
• The statement did not give a time frame for the deliveries.
• Urban rail is one of the fastest-growing segments of Vietnam's railway market, with a dozen lines planned in the country's main cities of Hanoi and Ho Chi Minh City.
• Hanoi's urban rail network is planned to cover 979 km across 18 lines by 2045.