(AOF) – Alstom announced the signing of a new contract worth around 400 million euros with a customer in the AMECA region whose identity has not been revealed. The order, received in June 2024, includes a technical support and spare parts supply agreement for a period of 12 years. The client name and contract details will be disclosed at a later date. This order was recorded in the first quarter of the rail specialist’s 2024/2025 financial year.
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Rail investment plan
The French railway industry is in second place in Europe and third place worldwide. This industry displays a trade surplus, which generates more than 100,000 jobs in France. The announcement of the future plan for French rail transport provides in particular for the regeneration and modernization of the network, the average age of which is 30 years in our territory. This age is much higher than that of countries like Germany (17 years) and Switzerland (15 years). An annual investment increasing from 2.8 billion euros to nearly 4 billion euros should make it possible to maintain the entire network in good condition.