DB International bags Kochi Metro work contract
Posted on May 27 2014 | IBNS
New Delhi, May 27 : DB International has won a key contract in India with the company being entrusted to act as the quality and safety consultant for Kochi Metro, an elevated railway more than 26 kilometers in length with 21 elevated stations and one depot.
Energy is supplied with a 750 volt DC third rail. Work on the project has already been underway since February.
DB International, a DB AG company, is rising to meet this new challenge by opening a branch in Bangalore.
Taking this step will bring Deutsche Bahn's experts into close proximity with the important Indian market, clients and projects, giving them the opportunity to build local expertise in railway construction.
"This initiative has strategic significance in light of the continuing process of globalization and the rising prominence of the Indian market," says Niko Warbanoff, Chairman of the Board of Managing Directors."DB International has the requisite global skills and reputation in project work to offer high-quality services here, too. We are confident that we can lend our support to India with our expertise in all areas of rail transport," said Warbanoff.
India is endeavouring to strengthen and stabilize its economic growth. The precondition for this is a rapid expansion of infrastructure.
As a result, investments equivalent to some EUR 200 billion are planned in the next 10 years to meet India's need for high-quality rail infrastructure. There are plans to build new routes and to improve existing routes for high-speed transport, rail freight transport, S-Bahn rapid transit trains and U-Bahn underground trains, the company said in a statement.