Management & Operations

South America Steps Up Orders

Posted on November 11, 1999

As the Latin American economy recovers from the global financial crisis of last year, cities there have stepped up public transport orders. Sao Paulo, Brazil is building a new guided busway system. Metrovias SA, an operating company of Buenos Aires, Argentina’s privatized metro system, has ordered 16 trainsets to be used on the A Line of the network. The order, worth $180 million, went to ALSTOM, which will build the 80 stainless-steel cars equipped with IGBT-inverter traction systems over the next two years. In addition, Mexico City has ordered more cars from Bombardier Concarril and ALSTOM is leading a consortium building a turnkey rail transport project for Fortaleza, Brazil. In the next few years, Latin America will spend more than $1.5 billion on soon-to-be-tendered public transport investments, according to World Bank estimates.

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