Bombardier Signs $241 Million USD Contract to Supply, Install, Operate and Maintain an INNOVIA Monorail System in Riyadh, Kingdom of Saudi Arabia
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Bombardier Transportation / Bombardier Signs $241 Million USD Contract to Supply, Install, Operate and Maintain an INNOVIA Monorail System in Riyadh, Kingdom of Saudi Arabia processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Bombardier wins the first contract in the Kingdom of Saudi Arabia for its next
generation INNOVIA Monorail 300 fully automated transit system
BERLIN, GERMANY--(Marketwire - May 31, 2010) - Bombardier Transportation has
signed a contract with Saudi Oger Limited., a leading Saudi Arabian construction
company, for the supply, installation, operation and maintenance of a 3.6-km
(2.2-mi.) BOMBARDIER INNOVIA Monorail 300 system for the King Abdullah Financial
District, the new financial and business centre under development in Riyadh,
Kingdom of Saudi Arabia.
Saudi Oger Limited, as the contractor responsible for the full turnkey
construction of the new Monorail system, was awarded the contract by the Rayadah
Investment Company, the investment vehicle of the Public Pension Agency of the
government of the Kingdom of Saudi Arabia on April 14, 2010.
Bombardier, as subcontractor to Saudi Oger, will design and supply all of the
system-wide Electrical and Mechanical (E&M) elements for the six-station
monorail system, including six INNOVIA Monorail 300 trains (12 cars) with
BOMBARDIER CITYFLO 650 automatic train control technology for driverless
operation as well as providing project management, systems engineering and
integration, testing and commissioning. Engineering and design for the Monorail
vehicles will be centered at Bombardier's site in Kingston, Canada, and
manufacturing of the 12 cars will be carried out by Bombardier in Pittsburgh,
USA. Together with Saudi Oger, Bombardier will also provide its branded INNOVIA
O&M operation and maintenance services for the system for an initial contractual
period of 10 years. The total value of Bombardier's contract is $241 million US
(195 million euros). Completion of the 3.6-km (2.2-mi.) INNOVIA Monorail system
is scheduled in 2012, with operation and maintenance services to commence at the
start of revenue service.
Commenting on the announcement, Andre Navarri, President and COO of Bombardier
Transportation, said: "As the global leader in the supply and operation of
turnkey transit systems, we are exceptionally proud to secure our first major
project in the Kingdom of Saudi Arabia and to be associated with the prestigious
King Abdullah Financial District. Our next generation INNOVIA Monorail 300
system combines service-proven driverless technology with the latest in
wide-bodied, lightweight, aerodynamically styled monorail trains. They provide
superior value and performance for demanding and sophisticated users. The
long-term nature of our Operation and Maintenance contract further underlines
our commitment to building Local Roots in the Kingdom of Saudi Arabia and with
other countries in the Gulf Cooperation Council."
About Systems Division
Bombardier Transportation's Systems Division has delivered 60 transit systems in
16 countries around the globe; 32 of which are operating in urban applications
and 22 in world leading airports. The Division's range of solutions includes the
driverless INNOVIA family of APM (automated people mover), ART (advanced rapid
transit) and Monorail systems, as well as light rail, metro and intercity
systems. The Division also has more than 35 years of experience in providing
comprehensive operation and maintenance services.
About Bombardier Transportation
Bombardier Transportation, the global leader in rail technology, offers the
broadest portfolio in the rail industry and delivers innovative products and
services that set new standards in sustainable mobility. BOMBARDIER ECO4
technologies - built on the four cornerstones of energy, efficiency, economy and
ecology - conserve energy, protect the environment and help to improve total
train performance. Bombardier Transportation is headquartered in Berlin, Germany
and has a presence in over 60 countries. It has an installed base of over
100,000 vehicles worldwide.
About Bombardier
A world-leading manufacturer of innovative transportation solutions, from
commercial aircraft and business jets to rail transportation equipment, systems
and services, Bombardier Inc. is a global corporation headquartered in Canada.
Its revenues for the fiscal year ended Jan. 31, 2010, were $19.4 billion US, and
its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed
as an index component to the Dow Jones Sustainability World and North America
indexes. News and information are available atwww.bombardier.com
About Saudi Oger Limited
Saudi Oger, established in 1978 as a construction company in Riyadh, gained
growth momentum with the founding of Oger International in Paris in 1979. Since
its inception, Saudi Oger has become one of the leading Construction, Facilities
Management Service Provider and Infrastructure Project Development companies in
The Kingdom of Saudi Arabia and the region. In relatively short period of time
Saudi Oger Ltd. has grown into a multi-company, multi-divisional organization
with subsidiaries and affiliates in the Kingdom of Saudi Arabia; UAE; Jordan;
China; USA; Paris; & Morroco. Saudi Oger has undertaken several prestigious and
complex projects that utilize advanced engineering and construction
technologies. Saudi Oger line of business covers Construction, Facilities
Management, Real Estate Development, Printing, Telecommunication, Utilities and
IT services Saudi Oger works to meet the highest standards in client
satisfaction through services that matches international standards. News and
information are available onwww.saudioger.com
Note to Editors
A photo is available on our web site at:
http://www.transportation.bombardier.com
BOMBARDIER, INNOVIA, CITYFLO and ECO4 are trademarks of Bombardier Inc. or its
subsidiaries.
www.theclimateisrightfortrains.com
Contacts:
Canada and USA: +1 450 441 3007
Marc Andre Lefebvre,
marc-andre.lefebvre(at)ca.transport.bombardier.com
Maryanne Roberts,
maryanne.roberts(at)us.transport.bombardier.com
Germany, Austria, Switzerland, Central
and Eastern Europe: +49 30 98607 1134
Heiner Spannuth,heiner.spannuth(at)de.transport.bombardier.com
Nordic Countries: +46 10 852 5062
Jonny Hedberg,jonny.hedberg(at)se.transport.bombardier.com
Russia: +7 495 775 1830
Alexander Bocharov
alexander.bocharov(at)ru.transport.bombardier.com
UK, Ireland, Australia, New Zealand, other countries:
+44 1332 266470
Neil Harvey,neil.harvey(at)uk.transport.bombardier.com
Benelux: +49 172 629 84 14
Janet Olthof,janet.olthof(at)de.transport.bombardier.com
France: +33 6 07 78 95 38
Anne Froger,anne.froger(at)fr.transport.bombardier.com
South Europe, Brazil and India: +35 1 919 693 728
Luis Ramos,luis.ramos(at)pt.transport.bombardier.com
Saudi Oger, Director of Corporate Communications:
+966 1 477 3115 Ext. 1385
Mazen Fayed,mfayed(at)saudioger.com
[HUG#1420302]
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Bombardier Transportation
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Datum: 31.05.2010 - 15:28 Uhr
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News-ID 21708
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