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UNITED STATES : $1.3B Honolulu rail contract awarded to Ansaldo
Publish Date : 03-Dec-2011
Ansaldo\'s Honolulu Joint Venture, a consortium including Finmeccanica companies Ansaldo STS and AnsaldoBreda, has inked a deal with the Honolulu Authority for Rapid Transportation. The contract is for providing the technology and vehicles for the driver less metro line progressing in Honolulu.
According to Ansaldo, the contract is worth around $1.334 billion and comprises of the design, build, operate and maintain (DBOM) the 20-mile line, having 21 stations. Ansaldo STS will get around $1.136 billion share in the deal and $198 million is AnsaldoBreda’s share.
Design and construction work will take around eight years. The initial stretch of track is expected to enter into operations at the beginning of 2015 and the entire line to be made operational from 2019 to 2029.
Sergio De Luca, CEO of Ansaldo STS said, “Ansaldo STS is proud to have signed this important contract, whose value is the highest in our history. Our company has a proven tradition of delivering highly successful state-of-the-art rail systems around the world and we are fully ready to immediately get to work to honor our commitment.”
