Bombardier finalizes $545M Taiwanese rail contract

Bombardier Transportation finalized a contract, valued at approximately $545 million, with Kung Sing Engineering Corp., to supply the electrical and mechanical works of a nine-mile rapid transit system, including 202 vehicles, for the new Neihu Line in the city of Taipei, Taiwan. Bombardier will design and supply all of the system-wide electrical and mechanical elements for the 12-station Neihu Line, including the deployment of the Bombardier Flexiblok automatic train control technology that will be used to retrofit system on the existing Mucha Line, its 102 vehicles and some of the equipment in its existing 12 stations. The mostly elevated Neihu Line will open in three stages; the completion of the first six-miles and delivery of 60 vehicles is anticipated in the summer of 2007, with the two remaining stages to be completed in 2007 and 2008.