Transportation Industry
South Korea
Railway Age, Sept, 2004
The City of Yong-in in South Korea has awarded a 35-year Build-Operate-Transfer concession to a consortium headed by Bombardier Transportation for an 11.5-mile rail transit system using Bombardier's Advanced Rapid Transit (ART) technology. The five-year design-build portion of the contract is worth $600 million, of which Bombardier's share will be approximately $200 million.
COPYRIGHT 2004 Simmons-Boardman Publishing Corporation
COPYRIGHT 2004 Gale Group
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