Alstom - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
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Alstom SA to Carry Out Bangkok’s Green Line Extension
Alstom SA announced that it has been awarded by Ch. Karnchang Public Company Limited, one of Thailand’s leading general contractors and basic infrastructure designer, a contract worth EUR14 million to extend Mass Rapid Transit Authority of Thailand’s (MRTA) existing Green Line. Alstom SA will participate in the works to design and build the trackwork and the third rail power collector from Bearing to Samutpakran Station as well as the 48 acre depot that will house 40x3 car trains intended to circulate on the extended line. The extension will add nine stations from Bearing to Samutpakran at a total length of 12.6 kilometers and aims to carry up to 57,000 passengers per day. The project is set to begin construction at the end of 2014 and completed in 2017.
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