Global Mass Transit Report Information and Analysis on the Global Mass Transit Industry

Total Page:16

File Type:pdf, Size:1020Kb

Global Mass Transit Report Information and Analysis on the Global Mass Transit Industry DECEMBER 2009 VOLUME I, ISSUE 2 Global Mass Transit Report Information and analysis on the global mass transit industry Public Transport in Seoul Curitiba BRTS Reforms pave way for sustainable transport A benchmark for integrated transport planning ublic transport reforms in Seoul, Republic of Korea, have idely considered a model bus rapid transit system (BRTS) Preinforced the necessity for an integrated transport network. Wproject, the transport system in Curitiba, Brazil, was Covering only about 12 per cent of the country’s geographical founded on an integrated land use and transport policy along area, the Seoul metropolitan area is currently home to over 48 the major radial corridors of the city. The Curitiba bus system per cent of the total national population, and is currently the was developed by the Curitiba Municipal Government as an second largest and fastest growing metropolitan city in the world. integral part of an overall master plan formulated in 1965, which laid out details about traffic integration and land-use for the The Seoul national capital area, as of 2007, has a population future. of 24.5 million people. It is also an important destination for immigrants to South Korea, with a rapidly growing international population of over 255,000. Project details Seoul is also the country’s foremost economic, political, and The management and operational planning of the BRTS system cultural centre. On the economic front, Seoul contributes about in Curitiba, which was launched in 1974, is undertaken by Urbs, 21 per cent of the national gross domestic product. It is also one the company that controls the public transport system in the city. of the leading business and financial centres of the world, ranking Having progressively expanded over the years, Curitiba’s median sixth in terms of the number of headquarters of transnational busways currently span across 65 km. companies. (continued on page 2) (continued on page 4) Metro Systems in Europe INSIDE THIS ISSUE A large market for asset replacement Features • Public Transport in Seoul ................................................................... 1 • Curitiba BRTS ...................................................................................... 1 apid transit systems, popularly referred to as metros, are • Metro Systems in Europe ................................................................... 1 Remerging as an essential mode of public transport in Europe, particularly in large metropolitan cities. Since the launch of the News • North America ..................................................................................... 7 first such system in the world, the London Underground in 1863, • Latin America ...................................................................................... 8 the metro technology has spread rapidly to 175 cities in 49 • Asia Pacific ......................................................................................... 12 countries across the world. Of these, over 75 systems, covering a • Europe ................................................................................................. 14 track length of about 3,500 km, are located in Europe. • Middle East and Africa ..................................................................... 17 TA/TSO Focus • The Roads & Transport Authority, Dubai ...................................... 20 Understanding the metro phenomenon Policy Review The International Association of Urban Transport (UITP) defines • Energy Efficiency for Road Transportation in Asia ....................... 22 a metro as “a tracked, electrically driven local means of transport, Spotlight which has an integral, continuous track bed of its own.” Existing • Transit Financing in US .................................................................... 23 metro systems in Europe are rail-based passenger systems comprising both underground and elevated sections. These Data & Statistics • Denmark: Key Figures for Bus and Rail Transport ....................... 28 systems are usually served by electric multiple units (EMUs), although monorails and magnetic levitations are also used in Finance .................................................................................................... 30 some locations. Other variations of the standard metro system Project Update ....................................................................................... 34 also function in Europe, including the small-scale light metro Company News ..................................................................................... 38 and commuter rail hybrid S-Bahn. Basically, a system is classified Tenders & Contracts ............................................................................. 44 as rapid transit based on its configuration and implementation. (continued on page 6) www.globalmasstransit.net Features Public Transport in Seoul (Contd...) metro system), the rising bus subsidy had become a major issue. The private firms, in their quest to maximise profits, Against this backdrop, the Seoul Metropolitan Government disregarded safety norms and rider comfort. Also, bus operators (SMG), in July 2004, introduced a range of public transport did not have the funds to invest in vehicles, which were old, reforms to resurrect the ailing transport system and meet the poorly maintained and did not meet international standards. The increasing demands of urban mobility. The reforms, primarily sharp decline in the quality of bus services led many bus focused on bus services, led to increased government regulation passengers to transfer to car use, resulting in increased road of bus services and greater coordination between these services congestion and air pollution. and Seoul’s extensive metro system. Several attempts were made by SMG to improve bus services. Until 1974, buses were the primary mode of transport in the For instance, curbside bus lanes were installed in 1984 to protect city. After that, increasing roadway congestion, reduced bus buses from roadway congestion. Later, in 2003, these lanes were speeds, higher passenger volumes and longer trip distances expanded to 219 km. However, these measures were basically necessitated the setting up of a rail-based transport network. The makeshift and did not address the core issues of unregulated first metro line in Seoul was constructed in 1974, with an initial and uncoordinated private bus services. line length of 8 km. Today, the network runs over 287 km, and is one of the most The urban transport reform process widely used rapid railway transport systems globally. It caters To improve urban transport systems, the newly elected mayor to about 10 million inhabitants of the city and the provinces of of the city, Myung-Bak Lee, commissioned a series of Gyeonggi, Incheon and northern Chungnam. The latest addition comprehensive studies in 2004. Detailed project reports were to the network is a new 25.5 km section, Line 9, was opened in undertaken recommending coordination and modernisation of 2009 to connect Gimpo Airport with Sinnonhyeon in south-east the metro and bus fare structure and payment systems, better Seoul and serves 25 stations of the metro system. integration of services, an expanded network of reserved bus The lines of the metro system are operated by four companies lanes and a complete overhaul of the organisation and operation - Seoul Metropolitan Subway (Seoul Metro), Seoul Metropolitan of bus services. This was followed by intensive public relation Rapid Transit (SMRT), Korail (Korea National Railroad) and campaigns to explain the merits and benefits of the proposed Metro 9. reforms. The metro network was constructed at very high cost, One of the first major initiatives undertaken, as part of the consequently the city has a huge debt liability to service. The reforms process, was the redesigning of the bus route network passenger box collection manages to cover only 75 per cent of to better structure and integrate the 400-plus bus routes. Bus the operational expenses, with the remaining 25 per cent services were grouped into four different categories, with buses subsidised under various programmes by the city government. colour-coded to help passengers distinguish among them. Financing metro construction and operating services placed • Blue buses are long-distance express buses that connect enormous pressure on the city’s financial health. outlying suburbs with each other and with the city centre. A cost-effective alternative transport mode with enhanced • Red buses are long-distance express buses connecting satellite speed, connectivity, comfort and overall attractiveness was, cities (planned new towns) with the city centre. therefore, sought for by the government. • Green buses provide local services throughout the metropolitan area to feed metro stations and express bus stops. Pre-reform situation • Yellow buses provide local services within the city centre. Bus usage rose rapidly with the economic growth of Seoul in the 1960s, 1970s and early 1980s. But around 1985, bus services lost As part of the reform process, the SMG increased its control both overall market share as well as total passengers. over bus routes, schedules, fares and overall system design. It achieved this through a semi-public operation system which It had to compete with the ever-expanding metro system, as retains private firms but allows the government to decide on well as rising car transport. Declining service quality because of matters related to routes, schedules and fares.
Recommended publications
  • Abbreviations
    ABBREVIATIONS ACP African Caribbean Pacific K kindergarten Adm. Admiral kg kilogramme(s) Adv. Advocate kl kilolitre(s) a.i. ad interim km kilometre(s) kW kilowatt b. born kWh kilowatt hours bbls. barrels bd board lat. latitude bn. billion (one thousand million) lb pound(s) (weight) Brig. Brigadier Lieut. Lieutenant bu. bushel long. longitude Cdr Commander m. million CFA Communauté Financière Africaine Maj. Major CFP Comptoirs Français du Pacifique MW megawatt CGT compensated gross tonnes MWh megawatt hours c.i.f. cost, insurance, freight C.-in-C. Commander-in-Chief NA not available CIS Commonwealth of Independent States n.e.c. not elsewhere classified cm centimetre(s) NRT net registered tonnes Col. Colonel NTSC National Television System Committee cu. cubic (525 lines 60 fields) CUP Cambridge University Press cwt hundredweight OUP Oxford University Press oz ounce(s) D. Democratic Party DWT dead weight tonnes PAL Phased Alternate Line (625 lines 50 fields 4·43 MHz sub-carrier) ECOWAS Economic Community of West African States PAL M Phased Alternate Line (525 lines 60 PAL EEA European Economic Area 3·58 MHz sub-carrier) EEZ Exclusive Economic Zone PAL N Phased Alternate Line (625 lines 50 PAL EMS European Monetary System 3·58 MHz sub-carrier) EMU European Monetary Union PAYE Pay-As-You-Earn ERM Exchange Rate Mechanism PPP Purchasing Power Parity est. estimate f.o.b. free on board R. Republican Party FDI foreign direct investment retd retired ft foot/feet Rt Hon. Right Honourable FTE full-time equivalent SADC Southern African Development Community G8 Group Canada, France, Germany, Italy, Japan, UK, SDR Special Drawing Rights USA, Russia SECAM H Sequential Couleur avec Mémoire (625 lines GDP gross domestic product 50 fieldsHorizontal) Gen.
    [Show full text]
  • Flash Recharging Tram Catenary Free: Impact Analysis on Italian Distribution Networks Claudio Carlini, Diana Moneta RSE Ricerca Sul Sistema Energetico
    E-Mobility Integration Symposium – October, 23rd 2017 - Berlin Flash Recharging Tram Catenary Free: Impact Analysis on Italian Distribution Networks Claudio Carlini, Diana Moneta RSE Ricerca sul Sistema Energetico RSE S.p.A. (formerly CESI RICERCA SpA, ERSE SpA) has been established at the end of 2005, with the mission to take over funded research activities of national and international interest focused on electricity and energy sector and it started operating on January 1st 2006. RSE S.p.A. is currently owned by GSE, a publicly-owned company promoting and supporting renewable energy sources in Italy. • ~320 researchers and technicians in 4 departments (60% with degree) • Research on all aspects of energy sectors: security, power supply, regulation… 2 Skills e-MOTICON - e-MObility Transnational strategy for an Interoperable COmmunity and Networking in the Alpine Space • Programme priority 2 - Low Carbon Alpine Space - Increase options for low carbon mobility and transport • Project duration 30 months • Coordinator Collaboration with Lombardy Region: e-mobility recharging infrastructure guidelines Monography on electric mobility 3 Agenda Conclusions Study cases & Results Methodology Operational context 2050 decarbonisation scenario 4 Scenario EU 2050 Energy Roadmap (2011) Share of fuels in primary energy consumption % Final energy consumption by fuel in various scenario + Efficiency - Environmental impact 5 Paolo Nespoli from ISS (October 2017) Operational context Public transport vehicles evolution 7 Operational context Tram vehicle evolution 1980s: Low floor (Paris) 1980s: Articulated bodies and modular vehicle (Paris) 1990s: Rubber tyred solutions (Nancy, Caen, Clermont-Ferrand) 2000s: First off-wire solution (Bordeaux) 2010s: On-board energy storage (Zaragoza, Sevila) Approximately 30-40% of the new world- 2010s: Non-continuous permeable slab (Bordeaux) class tram lines are catenary free 2010s: Energy saving solutions (Qatar, The catenary free tram was born to avoid Kaohsiung) the wires visual impact within city centers.
    [Show full text]
  • Railways of the MENA Region, Tools of National and Foreign Policy
    DHEEI – Mediterranean Studies Railways of the MENA Region, tools of national and foreign policy Master’s Thesis submitted by GALLOY Théophile Academic year: 2018-2019 Thesis Supervisor: Dr. Silvia Colombo Acknowledgements I wish to express my appreciation to my family, my co-students and CIFE for their valuable support throughout this year. I am also very grateful for the advice given by my fantastic supervisor Dr. Silvia Colombo, who has kindly dedicated some time to read, correct and advise me on my work, whilst allowing me to remain creative in my approach and research. I would also like to extend my thanks to my previous manager, Mr. Stephane Downes, and my previous employer, Mr. Stephane Rambaud-Measson, for opening me the doors of the railway industry and for passing on to me their knowledge and passion for this fascinating sector. I would also like to thank Dr. Ayadi Soufiane, the surgeon who successfully removed my infected appendix in Tunis, which allowed me to continue my work unimpeded. 2 Acknowledgements_____________________________________________________2 Table of Contents_______________________________________________________3 Introduction___________________________________________________________4 Part I: Understanding the political benefits of railway infrastructures______________6 1) The economic and social benefits of rail_____________________________6 2) Rail as a nation building infrastructure, a tool of power________________12 3) Rail as a region building infrastructure, a tool of integration____________19 Part II:
    [Show full text]
  • MIDDLE EAST, NORTH AFRICA China, Russia and Iran Seek to Revive Syrian Railways
    MIDDLE EAST, NORTH AFRICA China, Russia and Iran Seek to Revive Syrian Railways OE Watch Commentary: In late November, the Syrian Ministry of Transport announced a major “…China’s ownership of railways lines, in addition to its signing plan to repair, update and expand Syria’s railway of a 2017 agreement with Syria to use the Lattakia Port and system. As detailed in the accompanying excerpt from the Syrian government daily al-Thawra, the maritime transport means that China will own the country…” plan includes completing an earlier project to connect Deir ez-Zor and Albu Kamal, along the border with Iraq’s al-Anbar Province. It also calls for a new line across the Syrian desert, connecting Homs to Deir ez-Zor. Along with helping jump-start the domestic economy, an effective rail network would allow Syria to leverage is strategic location, at the crossroads of historical east-west and north-south trade routes. The accompanying passage from the Syrian opposition news source Enab Baladi highlights the importance of Chinese investment to Syrian reconstruction efforts in general and the railway sector in particular. It cites a Syrian researcher who hints at extensive Chinese involvement in the future ownership of the Syrian rail system, something that, combined with a 2017 agreement allowing China to use the Lattakia Port, means that China will “own the country.” Russia is also involved in revamping the Syrian rail network, and the article notes that Russia’s UralVagonZavod will be providing new railway cars to Syria starting next year. Syria’s planned railroad extension along the Euphrates from Deir ez-Zor to the Iraqi border dates from before the war.
    [Show full text]
  • PR RKH Opened Doha Metro May 8, 2019.Pdf
    RKH Qitarat, composed of RATP Dev, Keolis and Hamad Group, opened Doha Metro Red Line South On 8 May 2019, RKH Qitarat, the joint venture consisting of RATP Dev, Keolis and Hamad Group 1, opened the first section of the Doha metro to the public. This follows the award in December 2017 by Qatar Rail of a contract to operate and maintain Qatar’s first urban rail transport network for a period of 20 years. The network includes three automated metro lines in Doha, the Qatari capital, and four tram lines located in the city of Lusail. On 8 May 2019, the Doha Metro Red Line South opened to the public. Initial operation includes 13 out of 18 stations of the line, which will connect Al Qassar in the North to Al Wakrah in the South. For this first stage of the launch, service will be ensured from Sunday to Thursday, from 8am to 11pm. It is an important stage for testing the Doha Metro system with passengers, providing an opportunity to evaluate and review the performance in preparation for the full operation of the network in 2020. This major urban project is of crucial importance for the region as 90% of the Qatari population currently live in Doha and its surrounding suburbs (equivalent to 2.6 million people). Qatar wants to make the city of Doha more attractive to visitors and facilitate the daily journeys of the population as the country prepares for the post-fuel extraction era. The Doha metro will be completely automated and driverless, incorporating three lines (Red, Green and Gold) 75km of track and 37 stations.
    [Show full text]
  • Current Collector for Heavy Vehicles on Electrified Roads: Field Tests
    Journal of Asian Electric Vehicles, Volume 14, Number 1, June 2016 Current Collector for Heavy Vehicles on Electrified Roads: Field Tests Mohamad Aldammad 1, Anani Ananiev 2, and Ivan Kalaykov 3 1 Center for Applied Autonomous Sensor Systems, Örebro University, [email protected] 2 Center for Applied Autonomous Sensor Systems, Örebro University, [email protected] 3 Center for Applied Autonomous Sensor Systems, Örebro University, [email protected] Abstract We present the field tests and measurements performed on a novel current collector manipulator to be mounted beneath a heavy vehicle to collect electric power from road embedded power lines. We describe the concept of the Electric Road System (ERS) test track being used and give an overview of the test vehicle for testing the cur- rent collection. The emphasis is on the field tests and measurements to evaluate both the vertical accelerations that the manipulator’s end-effector is subject to during operation and the performance of the detection and tracking of the power line. Keywords current collector, electrified road, hybrid electric vehi- cle, electric road system, field test 1. INTRODUCTION The tendency to replace the fossil fuels used by vehi- cles with electrical energy nowadays is clearly identi- fied worldwide. While the solution of storing electrical energy in batteries for small vehicles seems to be rela- tively effective, large vehicles like trucks and buses require a non-realistic large amount of batteries when driving to distant destinations. Therefore, transfer- ring electricity continuously to vehicles while driving Fig. 1 The developed current collector prototype, seems to be the solution [Ranch, 2010] by equipping taken from Aldammad et al.
    [Show full text]
  • Rolling Stock Orders: Who
    THE INTERNATIONAL LIGHT RAIL MAGAZINE HEADLINES l Toronto’s streetcar advocates fight back l UK’s Midland Metro expansion approved l Democrats propose more US light rail ROLLING STOCK ORDERS: WHO... WHAT... HOW MUCH? Ukrainian tramways under the microscope US streetcar trends: Mixed fleets: How technology Lessons from is helping change over a century 75 America’s attitude of experience to urban rail in Budapest APRIL 2012 No. 892 1937–2012 WWW. LRTA . ORG l WWW. TRAMNEWS . NET £3.80 TAUT_April12_Cover.indd 1 28/2/12 09:20:59 TAUT_April12_UITPad.indd 1 28/2/12 12:38:16 Contents The official journal of the Light Rail Transit Association 128 News 132 APRIL 2012 Vol. 75 No. 892 Toronto light rail supporters fight back; Final approval for www.tramnews.net Midland Metro expansion; Obama’s budget detailed. EDITORIAL Editor: Simon Johnston 132 Rolling stock orders: Boom before bust? Tel: +44 (0)1832 281131 E-mail: [email protected] With packed order books for the big manufacturers over Eaglethorpe Barns, Warmington, Peterborough PE8 6TJ, UK. the next five years, smaller players are increasing their Associate Editor: Tony Streeter market share. Michael Taplin reports. E-mail: [email protected] 135 Ukraine’s road to Euro 2012 Worldwide Editor: Michael Taplin Flat 1, 10 Hope Road, Shanklin, Isle of Wight PO37 6EA, UK. Mike Russell reports on tramway developments and 135 E-mail: [email protected] operations in this former Soviet country. News Editor: John Symons 140 The new environment for streetcars 17 Whitmore Avenue, Werrington, Stoke-on-Trent, Staffs ST9 0LW, UK.
    [Show full text]
  • Rail Transport in the World's Major Cities
    Feature Evolution of Urban Railways (part 2) Rail Transport in The World’s Major Cities Takao Okamoto and Norihisa Tadakoshi Many of the world’s large cities grew in development, particularly with regard to American city; and Hong Kong, Seoul and conjunction with railways, and today, the following: Tokyo representing Asian cities. large cities cannot depend only on motor • The correlation between railways and vehicles for transportation. With worries urban growth over global environmental issues, public • The location of terminals for intercity London transportation systems are increasingly and intra-city transport seen as an important way to expand and • Examination of various public transit Located in southeast England near the revitalize large cities, while consuming systems, including non-infrastructure mouth of the River Thames, London less energy and other resources. • Strategic planning of rail networks expanded during the Industrial Revolution This article looks at public transportation based on urban development trends (1760–1850) and secured its dominance systems in some major cities of the world and future models as the heart of the British Empire during and identifies similarities and differences The cities selected for this comparative the Victorian era (1837–1901). It’s in areas such as history of development, study are: London as the first city to adapt population grew from about 500,000 in railway networks, and method of rail technology to public transport; Paris, the 17th century to 4.5 million by the end operation. Our aim is to explore the future Berlin and Moscow as three major of the 19th century. The modern relationship between urban and transport European cities; New York as a North- metropolis of Greater London consists of The London Railway Network King’s Cross/St.Pancras Paddington LCY Victoria Waterloo LHR R.
    [Show full text]
  • Great Tips for Travelling to Israel No One Ever Shared with You!
    Great Tips for Travelling to Israel No One Ever Shared With You! By Ramael Ceo Hadur Travel and Tours Ltd www.smarttravelsuperfan.com Why Visit Israel? This e book will help you to learn why a visit to Jerusalem and the Holy Land of Israel is a Must Keep reading. A trip to Israel is more than exciting … It is life-changing! “Visit Israel –You’ll never be the same!” • Discover exclusive insider details you need to know before you decide to travel to Israel. • Amazing tips exposing all you ever need for easy touring of the Holy land. • Plus all the key attractions to look out for on your trip • Few Hebrew Phrases … and lots more www.smarttravelsuperfan.com Welcome! If you have ever had a strong desire to travel to Israel or have often wondered why anyone would ever want to travel to Israel then this guide is for you it will provide you with useful insights about all you need to know about the HOLY LAND of Israel. People’s single greatest expression when they return from a visit to Israel is, “I’ll never be the same.” Something about sailing on the Sea of Galilee, walking the streets of Jerusalem, and viewing the empty tomb creates an eternal change of heart and spirit. Wherever you go, you can sense God’s presence. When you visit Israel, God’s Word becomes clearer, your faith becomes deeper, and your passion for the Lord becomes stronger. We believe that, once you visit Israel, you’ll never be the same! Every detail you need to tour Israel is included in this guide.
    [Show full text]
  • 2017 Download Report
    VOLITO AB VOLITO | ANNUAL REPORT ANNUAL 2017 Volito is a privately owned investment group headquartered in Malmö. The business was founded in 1991, with an initial focus on aircraft leasing. After achieving rapid early success, Volito broadened its activities and started to expand. Today, Volito is a strong, growth-oriented group based on a balanced approach to risk and reward, and a long-term perspective. The Group’s activities are divided into three diversified business areas: Real Estate, Industry and Portfolio Investments, areas that develop their own business units, business segments and subsidiaries. VOLITO VOLITO WWW.VOLITO.SE GROUP PRESENTATION | ANNUAL REPORT 2017 Karolina Wojcik, born in 1980, is a graphic designer and and letters as shapes. I have chosen to allude to artist based in Malmö. She has always been strongly Volito’s Malmö connections by using a word from influenced by graffiti and urban subcultures, and Skåne, “Mög”, in the background where the “G” has mixes clean graphic lines, typography and pop culture a similar shape to the Volito logotype. To allude to colours in an illustrative style that is rich in contrasts. the company’s focus on real estate, I have chosen rectangular elements in the form of skylines (turned With a preference for working in large formats, she is horizontal for a figurative dynamic and a not overly often engaged as a mural painter with commissions obvious reference).” for Art Made This/Vasakronan, Ystad Municipality, Best Western Hotel Noble House and Street Art “Last but not least, in a personal reference to the Österlen, among others.
    [Show full text]
  • 8Th Metro World Summit 201317-18 April
    30th Nov.Register to save before 8th Metro World $800 17-18 April Summit 2013 Shanghai, China Learning What Are The Series Speaker Operators Thinking About? Faculty Asia’s Premier Urban Rail Transit Conference, 8 Years Proven Track He Huawu Chief Engineer Record: A Comprehensive Understanding of the Planning, Ministry of Railways, PRC Operation and Construction of the Major Metro Projects. Li Guoyong Deputy Director-general of Conference Highlights: Department of Basic Industries National Development and + + + Reform Commission, PRC 15 30 50 Yu Guangyao Metro operators Industry speakers Networking hours President Shanghai Shentong Metro Corporation Ltd + ++ Zhang Shuren General Manager 80 100 One-on-One 300 Beijing Subway Corporation Metro projects meetings CXOs Zhang Xingyan Chairman Tianjin Metro Group Co., Ltd Tan Jibin Chairman Dalian Metro Pak Nin David Yam Head of International Business MTR C. C CHANG President Taoyuan Metro Corp. Sunder Jethwani Chief Executive Property Development Department, Delhi Metro Rail Corporation Ltd. Rachmadi Chief Engineering and Project Officer PT Mass Rapid Transit Jakarta Khoo Hean Siang Executive Vice President SMRT Train N. Sivasailam Managing Director Bangalore Metro Rail Corporation Ltd. Endorser Register Today! Contact us Via E: [email protected] T: +86 21 6840 7631 W: http://www.cdmc.org.cn/mws F: +86 21 6840 7633 8th Metro World Summit 2013 17-18 April | Shanghai, China China Urban Rail Plan 2012 Dear Colleagues, During the "12th Five-Year Plan" period (2011-2015), China's national railway operation of total mileage will increase from the current 91,000 km to 120,000 km. Among them, the domestic urban rail construction showing unprecedented hot situation, a new round of metro construction will gradually develop throughout the country.
    [Show full text]
  • China Railway Signal & Communication Corporation
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. China Railway Signal & Communication Corporation Limited* 中國鐵路通信信號股份有限公司 (A joint stock limited liability company incorporated in the People’s Republic of China) (Stock Code: 3969) ANNOUNCEMENT ON BID-WINNING OF IMPORTANT PROJECTS IN THE RAIL TRANSIT MARKET This announcement is made by China Railway Signal & Communication Corporation Limited* (the “Company”) pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). From July to August 2020, the Company has won the bidding for a total of ten important projects in the rail transit market, among which, three are acquired from the railway market, namely four power integration and the related works for the CJLLXZH-2 tender section of the newly built Langfang East-New Airport intercity link (the “Phase-I Project for the Newly-built Intercity Link”) with a tender amount of RMB113 million, four power integration and the related works for the XJSD tender section of the newly built
    [Show full text]