Eurotrain

Eurotrain

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Eurotrain was a joint venture formed by Siemens and GEC-Alsthom to market high-speed rail technology in Asia. In 1997, it was one of two competitors to supply the core system of Taiwan High Speed Rail, and it was awarded the status of preferred bidder by concessionaire THSRC. Eurotrain assembled a demonstration train. THSRC decided to award the contract to a rival consortium, leading to a legal battle ending in damage payments for Eurotrain in 2004. Eurotrain was a joint venture of Siemens and GEC-Alsthom, formed in March 1996 with the aim to pool their high-speed rail technologies and market it jointly in Asia. The companies wanted to avoid a repeat of a competitive battle they had for Korea's KTX, which resulted in a loss for Siemens and limited benefits for victorious GEC-Alsthom. GEC-Alsthom held 60% and Siemens held 40% in the joint venture. The first and only high-speed project Eurotrain was involved in was THSR.show more

Product details

  • Paperback | 76 pages
  • 152 x 229 x 5mm | 122g
  • Dict
  • United States
  • English
  • black & white illustrations
  • 6135928902
  • 9786135928907