The Yong-In LRT Consortium, of which Bombardier Transportation is the lead member, has been awarded a 35-year Build-Transfer-Operate (BTO) concession contract by the City of Yong-In, South Korea, for a fully automated 18.5 kilometre rapid transit system.
The contract for the five-year design-build portion of the concession contract is valued at approximately $600 million. Bombardier’s share of the design-build contract is approximately $200 million.
The separate Operations and Maintenance (O&M) contract, awarded solely to Bombardier, carries a value of approximately $120 million for the first 10 years. Should all four five-year options for operations and maintenance services be realised, the value of the O&M contract would increase by approximately $294 million.
The mostly elevated system will feature Bombardier’s driverless, Advanced Rapid Transit (ART) technology. Serving 15 stations over 18.5 kilometres of double-track guideway, the new line will link the Seoul subway, via Yong-In City, and will terminate in Everland, the region’s recreational and entertainment capital.
In Yong-In, Bombardier will be responsible for the design and supply of 30 driverless ART vehicles, Bombardier CITYFLO 650 automatic train control technology, communications systems, project management, systems engineering and integration, testing and commissioning, as well as operations and maintenance services and training of Korean personnel.