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.