Status: 04/20/2022 3:06 PM
Toronto and the Canadian province of Ontario have awarded contracts worth billions to Deutsche Bahn. It is about planning, operating and maintaining the local transport network.
Deutsche Bahn has received a large order from the Canadian city of Toronto and the province of Ontario. The company announced this. The subsidiary Deutsche Bahn International Operations operates and maintains the local transportation network around Toronto. It is the main business of a subsidiary of Railways, which is responsible for railway projects outside Europe. The order volume for the 25-year contract is in the tens of billions.
As a leading partner in a joint venture, Deutsche Bahn is also to modernize, expand and completely redesign the 450 km rail network around Toronto. Toronto is the largest city in Canada; About three million people live there. More than six million residents belong to the metropolitan area.
Project starts immediately after signing of contract
“The transportation project is considered one of the most important in Canadian history,” said DB Infrastructure board member Ronald Pofla. “The enormous transfer of technology and knowledge and the experience we are gaining in Canada are of direct benefit to railways in Germany. The benefits also flow into our German network.”
According to Pofla, the project will start immediately after the signing of the contract with preparations for the operation and expansion of the rail network. Significantly more capacity and performance will be available across the network when the planned acquisition of operations ends after the two-year development phase.
Billion Dollar Order in Canada: Deutsche Bahn to Operate Local Transportation Network in Toronto
Peter Muke, ARD New York, April 20, 2022 2:32 PM
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