Spanish building giant ACS stated Sunday it had actually won a 775 million euro ($955 million) agreement to develop and keep a brand-new light train line in Toronto, Canada’s biggest city.
The offer will see a consortium led by A/C, whose president Florentino Perez is likewise the chairman of the Genuine Madrid football club, develop the brand-new 11- kilometre train line in the city’s north, the business stated in a declaration.
Building will start in the 3rd quarter of 2018, with prepare for trains to begin running in the 2nd half of 2023, the declaration stated.
The agreement with the federal government of the Ontario province likewise consists of the building of garages to fix and lodge trains.
The consortium will perform the resolve 2 A/C subsidiaries, Dragados Canada and ACS Facilities Canada (Iridium), in addition to regional business Aecon and Dufferin/CRH Group Canada Inc.
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© 2018 AFP.