BUSINESS

Bombardier Transportation lands rail contract in Ethiopia

10/08/2014 03:59 EDT | Updated 12/08/2014 05:59 EST
BERLIN - Bombardier Transportation has landed a contract to deliver mainline signalling for a 400-kilometre stretch of rail in Ethiopia.

The order awarded by Turkish construction company Yapi Merkezi, which is delivering the design and construction of the project, has a value of approximately US$45 million.

"This is one of the longest lines tendered as a turnkey project in sub-Saharan Africa," Yapi Merkezi board member Erdem Arioglu said in a statement Wednesday.

"Yapi Merkezi went through a very detailed selection process to determine its suppliers and subcontractors and Bombardier was selected due to its proven track record and its successful, long-term co-operation with Yapi Merkezi on similar projects worldwide."

Bombardier Transportation is headquartered in Berlin and is a unit of Montreal-based Bombardier Inc. (TSX:BBD.B).