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TAIPEI, Oct 1 Asia Pulse - The Taiwan affiliate of Germany's Siemens Group has won core contracts from Kaohsiung City for the development of the first mass rapid transport (MRT) system in southern Taiwan worth close to NT$170 billion (US$4.9 billion), industrial sources reported Sunday.
After an open bid was held recently, Siemens Taiwan was awarded purchase contracts worth some 363 million Euro dollars for the building of the core electrical engineering system, signaling network and the railways of the 42-kilometer MRT system underground Kaohsiung City. The contracts were awarded by the Kaohsiung Rapid Transit Co.
The first stage development of the ...