French company Alstom Transport is ready to meet the demand of Azerbaijan Railways, its Senior Vice-President on Russia and CIS, Thibault Desterakt, has said at an event in Moscow.
"We have permanent contacts with Azerbaijan Railways CJSC and we have great plans for Azerbaijan concerning locomotives," he said.
According to Desterakt, Azerbaijan is one of the priority countries for cooperation in the CIS market.
"Currently we are working on the proposals for a city transport project in Ganja," Desterakt said.
Desterakt also said Azerbaijan is an economically developed country with its own demands and the company is working on what exactly it can offer to the country.
The Alstom Transport official said he plans to visit Azerbaijan by the end of September.
Alstom Transport develops and markets a complete range of systems, equipment and service in the railway industry, combining the most comprehensive range of products and services available in the rail industry. Alstom Transport controls entire transport systems, including rolling stock, signalling and infrastructure, as well as offers "turnkey" solutions.
Meanwhile, Canada's Bombardier signed an agreement with Azerbaijan Railways on modernization of signalling systems at the Baku-Boyuk Kesik railway line, the official website of the company said.
According to the company, the total value of the transaction amounts to $288 million.
The length of the Baku-Boyuk Kesik line where a new signaling equipment will be provided is 503 kilometers.
President of Bombardier's Rail Control Solutions Peter Cedervall commented that the company is proud of its first contract in Azerbaijan, which is the largest signalling contract ever awarded in the CIS countries.
"This major signalling upgrade reflects our commitment to provide our state-of-the art technology to Azerbaijan and to continue to deliver our signalling solutions to the region through our well-established engineering and manufacturing joint ventures in Moscow," he said.
The bulk of work covers designing, manufacturing, supply, installation, testing and commissioning of Interflo 200 signaling system. The commissioning of the system is planned in four stages and the entire process will be completed in 2017.
A major overhaul of 317 kilometers of the Baku-Boyuk Kesik railway is being carried out on account of a $215 million loan allocated by the Czech Exim Bank. The work was launched on June 10, 2011. To date, over 250 kilometers of the railway have been repaired.
Bombardier is the world's only manufacturer of both planes and trains. Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere.
The Montreal-based company's shares are traded on the Toronto Stock Exchange (BBD) and listed on the Dow Jones Sustainability World and North America Indexes.