The contract is for 11 years with operations starting from May 2025. The JV will operate and maintain all of Stockholm Metro’s seven lines. This includes 100 stations, six depots and 107km of track.
The JV’s role will include providing customer service and the planning and delivery of rail services. The JV will also oversee the maintenance of the fleet of the trains, station and depot facility.
In addition, the contract caters for the JV to provide project support for Trafikförvaltningen to further develop and expand the Stockholm Metro in the future.
Shares in CDG closed 1 cent lower or 0.71% down at $1.40 on Jan 23.
