Bloomberg News

Impregilo, Alstom Interested in Greek Metro Project

February 13, 2009

Greece said it got expressions of interest from six groups, including one led by Alstom Transport SA (ALO), for a 515 million-euro ($662 million) project to extend an Athens metro line to the port of Piraeus, according to an e- mailed statement from the Environment and Public Works Ministry.

Italy’s largest builder Impregilo SpA (IPG) leads one group while other bidders include Dragados SA of Spain and Greek construction company Michaniki.

The extension work, which is scheduled to start by the end of the year, comprises the laying of 7.7 kilometers (4.8 miles) of track as well as the building of six new stations.

The ministry said it expects the extended line, which passes through Athens’ western suburbs to Pireaus, to attract more than 135,000 additional passengers a day to the Greek capital’s metro system.

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net


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