A French multinational corporation in the power generation and transport markets. The company is involved in the light rail project in Jerusalem which connects the city of Jerusalem with the illegal settlements around it. The company holds 80% of the EPC (engineering, procurement, and construction) contractor company for the project, and is the full owner of Citadis Israel, which has the contract for providing maintenance of the project for 22 years. Alstom is the provider of trains in the project.
Alstom is a French multinational corporation in the power generation and transport markets.
The company is involved in the light rail project in Jerusalem which connects the city of Jerusalem with the illegal settlements around it.
The company holds 80% of the EPC (engineering, procurement, and construction) contractor company for the project, and is the full owner of Citadis Israel, which has the contract for providing maintenance of the project for 22 years.
Alstom is the provider of trains in the project.
In June 2013, the company sold its 20% stake in Citypass (the company which won the tender to construct and operate the Jerusalem light train) to two other partners in the project: Israel Infrastructure Fund (IIF) and Harel Insurance Investments and Financial Services. However, Alstom continues to hold shares in EPC and Citadis Israel.