Ryoden Group is teaming up with two French partners to bid for multi-billion dollar contracts for railway control systems, to be offered by Hong Kong's two main rail operators in the next five years.
Ryoden Engineering, a core member of Ryoden Group, yesterday said it was forming a joint venture with Syseca and Spie Enertrans.
The joint venture is short-listed by the Kowloon-Canton Railway Corp (KCRC) to bid for its West Rail control system.
Christian Mons, chairman of Syseca, which developed the control system for the Lantau and Airport Railway, said the official tender for West Rail would be offered within two weeks.
The consortium was also interested in bidding for control-system tenders for KCRC's Ma On Shan line and the Mass Transit Railway Corp Tseung Kwan O extension and cross-harbour line for east Kowloon.
Mr Mons said the value of the contracts was about 5 per cent of $120 billion to be invested in transport infrastructure development in the next five years.