Metro Trains Melbourne (MTM) subsidiary MTR has secured a seven-year franchise from the Government of Victoria to operate and maintain the Melbourne train system in Australia.

The deal will see MTM collaborate with John Holland Group and UGL Rail to upgrade 500 CCTV cameras along the 390km Melbourne metropolitan train system.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Work under the contract is scheduled to start in November 2017 and will create approximately 600 new jobs, including 128 in the first year of development.

The arrangement also features a provisional option to extend the contract for a maximum of three years.

xG Technology's video transmission systems unit Visilink has entered a new agreement with Panasonic System Solutions Europe.

"US-based Hyperloop Transportation Technologies (HTT) has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) in India."

Vislink’s expertise in on-board wireless technologies and the proficiency in mission-critical video solutions are expected to help Panasonic to improve rail safety, as well as the efficiency of its passenger services.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

US-based Hyperloop Transportation Technologies (HTT) has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) in India.

HTT will develop a hyperloop route from Andhra Pradesh state’s new capital city Amravati to Vijayawada via a public private partnership.

The project is intended to reduce the journey time between the two cities from more than an hour to just six minutes.

HTT will carry out a six-month feasibility study as part of the first phase of the project, and will also work with local stakeholders to establish various regulatory standards.