Bombardier Participates in Groundbreaking Ceremony for Rapid Transit System in South Korea.MONTREAL -- Today, Bombardier Transportation, along with other representatives of the Yongin LRT LRT Light-Rail Transit LRT Likelihood Ratio Test LRT Light Rapid Transit LRT Lower Respiratory Tract LRT Lehrstuhl für Raumfahrttechnik LRT Long Range Transportation LRT Light Railway Transit LRT London Regional Transport LRT Loving Relationships Training Consortium, marked the start of construction of the EverLine Rapid Transit System This article or section contains information about a planned or expected public transportation infrastructure. It may contain information of a speculative nature and the content may change dramatically as the construction and/or completion of the infrastructure approaches, and in Yongin City, Republic of Korea. Laurent Beaudoin, Chairman of the Board and Chief Executive Officer, Bombardier Inc., participated in the groundbreaking festivities fes·tiv·i·ty n. pl. fes·tiv·i·ties 1. A joyous feast, holiday, or celebration; a festival. 2. The pleasure, joy, and gaiety of a festival or celebration. 3. , accompanied by Raymond T. Betler, President of Bombardier Transportation, Total Transit Systems, and senior Canadian Government representatives from Korea and Canada. Minister Byung-Jik Choo, Ministry of Construction and Transportation, presided at the afternoon celebration, joined by Jeong-Moon Lee, Mayor of Yongin City, and other Korean public officials. In July 2004, the City of Yongin awarded the Yongin LRT Consortium, of which Bombardier Transportation is the lead member, a 35-year Build-Transfer-Operate (BTO BTO British Trust for Ornithology BTO Business Technology Optimization BTO Bachman Turner Overdrive (band) BTO Business Transformation Outsourcing BTO Build-Transfer-Operate BTO Brutto (German: Gross [quantity]) ) concession contract for a fully automated 18.5-kilometre rapid transit system. The Yong-In LRT Consortium comprises Bombardier and Korean civil works contractors Daelim Industrial Co., Ltd., Hanil Engineering and Construction Co., Ltd. and Korea Development Corporation, as well as Korean electrical and mechanical system contractors Hanjin Heavy Industries and Construction Co., Ltd. and Iljin Electric Co., Ltd. "We are very proud to be part of Yongin City's vision to introduce the first driverless transit system to South Korea, "said Laurent Beaudoin at the prestigious ceremony. He added: "Our signature advanced rapid transit (ART) technology offers unique operational and environmental features that will greatly benefit the communities it serves while preserving the natural beauty of the region." Raymond Betler, President of Bombardier Transportation, Total Transit Systems, said: "This historic occasion denotes the finalization of the EverLine system design. We are appreciative of the excellent relationship that we enjoy with our Korean partners and look forward to making this project an outstanding success, as well as to pursuing future transportation opportunities with our Korean colleagues." The mostly elevated system will also feature the Bombardier CITYFLO 650 automatic train control technology. The new line will serve 15 stations, linking the Seoul Metropolitan subway The Seoul Metropolitan Subway is one of the most heavily used subway systems in the world, with well over 8 million trips daily on the system's ten lines (total figures for Seoul Metro, Seoul Metropolitan Rapid Transit Corporation & Korean Railroad commuter lines). , via Yongin City, and will terminate in the Everland area, one of the world's largest amusement parks. Bombardier is the world leader in designing and supplying automated rapid transit systems This is an alphabetical list of cities worldwide that have a rapid transit system, or a light-rail system with some elements of rapid transit. Such systems are commonly called metros, subways, elevated railways, heavy rail, rapid rail, or underground railways; see passenger rail , monorails and people movers for urban and airport applications. Its driverless ART technology, thoroughly proven in over 70 years of combined operations in Canada, Asia, and the USA, offers unprecedented system reliability. Successfully deployed ART systems include Vancouver SkyTrain, the longest driverless system in the world; New York City's 13-km AirTrain JFK, where Bombardier is providing up to 15 years of operations and maintenance services; andthe 29-km Kuala Lumpur Kelana Jaya line The Kelana Jaya Line (KLJ) is one of the two lines in Kuala Lumpur Rail Transit System network operated by RapidKL Rail network. The other rail network is the Ampang Line (AMP). in Malaysia, which has carried over 200 million passengers since opening to passenger service in 1998. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2005, were $15.8 billion US and its shares are traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ). News and information are available at www.bombardier.com. Bombardier and CITYFLO 650 are trademarks of Bombardier Inc. or its subsidiaries. Air Train JFK and Sky Train are Trademarks of third parties. Note to editorsPhotos are available on our Website at the follow ing address: http://www.transportation.bombardier.com/photography.jsp BOMBARDIER TRANSPORTATION (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BBD.MV.A) (TSX:BBD.SV.B) |
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