Lower Saxony, Germany: French company Alstom announced recently that it has signed an agreement to deliver 14 trains powered by hydrogen to Local Transport Authority of Lower Saxony, a rail company in Germany.
Covering both public transportation and infrastructure, the signing was attended by South Korean Minister of Land, Infrastructure and Transport Kim Hyun-mi, Indonesian Minister of Transportation Budi Karya Sumadi and Indonesian Minister of Public Works and Public Housing Basuki Hadimuljono.
Korea Rail Network Authority is to be in charge of the second phase of Indonesia’s light rail transit project for reducing traffic congestion in the capital of Jakarta. In addition, the two countries plan to launch a water supply project in Karian, while cooperating for similar future projects and the completion of the hydroelectric power generation project in Bongka.
Furthermore, Hanwha Engineering & Construction is slated to participate in Indonesia’s public housing projects worth US$230 million. Regarding the first phase of the new city development project in Lido, POSCO Engineering & Construction and Indonesian MNC Group will be cooperating with each other.
CHECK OUT THESE OTHER ARTICLES
● Toyota To Invest Two Billion In Indonesia For Electric Vehicles
● Heimatec To Expand Production At Renchen Site
● Collaborative Robot Market To Exceed US$11 Billion By 2030
● Grundfos Singapore Appoints New Country Manager
● Trump Imposes Tariffs on US$200 Billion Worth Of Chinese Products
● The EU And CENIT Invests In Bionic Aircraft
● Space Industry Will Triple In Size To US$1.1 Trillion By 2040
● 4.6% Increase In 2018 Car Sales Expected For Indonesia
● Japanese Automakers’ Adaptability Garnered Strong Auto Sales In Indonesia
● US Imposes 456 Percent Tariffs On Vietnam Steel
WANT MORE INSIDER NEWS? SUBSCRIBE TO OUR DIGITAL MAGAZINE NOW!
FOLLOW US ON: LinkedIn, Facebook, Twitter
