Alstom Signs Two Contracts in China for Rail Transport Equipment

  
    
  
  
    
      Regulatory News:
    
    
      Patrick Kron, Chairman and Chief Executive Officer of Alstom 
      (Paris:ALS), has signed today in Beijing two contracts for a total 
      amount of more than 350 million euros with the Chinese Ministry of 
      railways, for the manufacture of electric freight locomotives and the 
      electrification of a high speed line.
    
    
      The first contract, which follows a letter of intent signed in October 
      2006, is for the manufacture of 500 electric freight “Co-Co” 
      (triple axle) locomotives based on Alstom Transport’s 
      Prima 6000. The overall value of this contract totals around 1.1 billion 
      euros, with Alstom’s share worth 310 million 
      euros and its Chinese partner’s, Datong 
      Electric Locomotives, some 800 million euros.
    
    
      Alstom will be responsible for designing and industrialising these 
      locomotives. Alstom’s Belfort (France) plant, 
      the Group’s worldwide locomotive and 
      engineering centre of excellence, will produce the first 10 locomotives 
      and the components to be integrated into the 190 following ones, while 
      this production will be gradually localised to its Chinese partner, 
      Datong Electric Locomotives. This company has already partnered Alstom 
      in a 2005 contract to manufacture 180 BoBo electric (twin axle) 
      locomotives.
    
    
      The second contract, worth 42 million euros, is for the electrification 
      of the Shi-Tai high-speed line. This is the first infrastructure 
      contract won by Alstom in the Chinese market. Stretching over 189 
      kilometres, this line will link the cities of Shijiazhuang and Taiyuan, 
      located in the provinces of Hebei and Shanxi (about 600 kilometres to 
      the southwest of Beijing). It will allow passengers to travel from 
      Beijing to Taiyuan in 3 hours, enabling trains to peak at 250 km/h. 
      Construction is expected to be completed by the end of 2008.
    
    
      It includes the supply of electrification equipment for the overhead 
      lines, as well as associated technical services (engineering support, 
      supervision of installation). Delivery of equipment by Alstom is 
      scheduled for between the end of 2007 and mid-2008.
    
    
      Between now and 2010, China plans to build 9,800 kilometres of passenger 
      track, with trains operating at speeds of over 200km/h. Construction of 
      these new tracks will enable China’s railway 
      authorities to double their transport capacity, which currently amounts 
      to 1 billion passengers transported each year.
    
    
      www.alstom.com , www.transport.alstom.com