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Alstom wins Belgrade metro contract

2020-11-26T16:44:50.222Z


INFO LE FIGARO - Franck Riester, Minister for Foreign Trade and Attractiveness, will sign an intergovernmental agreement with the Serbian Minister of Finance on Thursday.


Alstom wins two big contracts.

In France, the city of Toulouse awarded this Thursday to the group the market for line 3 of its metro, for 700 million euros.

In Serbia, Alstom has been selected for the Belgrade metro contract, a contract worth a total of 4.4 billion euros.

This budget is divided between line 1, for 2.3 billion, and line 2 for the balance.

Franck Riester, Minister Delegate for Foreign Trade and Attractiveness, signed an intergovernmental agreement (AIG) on Thursday with the Serbian Minister of Finance, in the presence of the President, Aleksandar Vucic.

This agreement organizes French funding for the first phase of the Line 1 project, estimated at 1.8 billion, in order to build 16.5 km of tracks and 18 stations.

This first financing relates to 534 million, via a loan from the Treasury of 80 million and private loans guaranteed for the balance.

AIG paves the way for Alstom to officially submit its commercial offer in early 2021.

Read also:

Germany: Alstom to supply trams to Cologne

“By choosing Alstom's offer, Serbia is choosing French excellence and experience for the first phase of its major Belgrade metro project.

I am particularly happy to sign the AGI, a major achievement of the economic partnership between our two countries.

The State is thus mobilizing, via public international financing tools, to support its companies and export French know-how ”,

declares Franck Riester to

Le Figaro

.

Belgrade has yet to award the civil engineering contract, which should go to ChinaPower.

In this case, France has come a long way.

China had taken advantage of a cooling of Franco-Serbian relations to submit a global offer associating ChinaPower with the manufacturer CRRC.

But since 2019, marked by a visit from Emmanuel Macron to Belgrade, and the summer of 2020, by a trip by the Serbian president to Paris, relations between the two countries are back on track.

Source: lefigaro

All business articles on 2020-11-26

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