Alstom pins hopes on Asia | Bangkok Post: news

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Alstom pins hopes on Asia

In talks for Thailand's high-speed railway

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GENEVA : Alstom SA is pinning its hopes on winning a multimillion-euro metro line project and a high-speed train agreement to help it establish a larger presence in Thailand. 

The Valenciennes plant in northern France is among Alstom’s 10 factories in that country.

Henri Poupart-Lafarge, the senior vice-president for transport, said the French transport giant plans to double its Asian revenue to 1 billion euros (39.5 billion baht) annually within five years and needs to garner one major project each year to do so.

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