Japanese mega-corporation, Hitachi, has announced their winning bid to build Vietnam’s first urban railway in Saigon. The $381 million project is slated to begin operation in 2018.
Under the contract, Hitachi will provide trains, ticketing machines, communications and signaling systems in addition to a 5-year maintenance contract after the line is operational.
No details on what areas the line will service.
Hitachi is planning to help build similar projects in other SE Asian countries.
[BBC]
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