RATP Dev Transdev Asia

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RATP Dev Transdev Asia
Joint Venture
Industry Public transport
Founded July 2009
Headquarters Whitty Street Tram Depot, Connaught Road West, Western District
Hong Kong
, China
Owner RATP Dev (50%)
Transdev (50%)
Subsidiaries Hong Kong Tramways (100%)
Website www.rdta.asia

RATP Dev Transdev Asia (RDTA) is a 50/50 joint venture owned by RATP Dev and Transdev that operates public transport services in Asia.[1] It was originally Veolia Transport RATP Asia (VTRA) and was formed in July 2009 between RATP Dev and Transdev's predecessor Veolia Transport, for an initial period of 20 years.[2] Upon creation, it absorbed all of Veolia Transport's operation companies and contracts in Asia, which included Veolia Transport Korea and Veolia Transport China Limited (VTCL).[2]

The joint venture was also known by a variety of different names in the past, such as Veolia Transport RATP and Transdev RATPDev (see section Company names).

Its headquarters are in Hong Kong, at the Whitty Street Tram Depot, which is one of the depots of its wholly owned subsidiary Hong Kong Tramways.[3]

Operations

Hong Kong Tramways

RDTA currently operates:[3]

RDTA also used to operate:

  • Reolian buses in Macau between 2011 and 2014
  • Buses in Nanjing and neighbouring cities for various time periods between 2008 and 2010s (with only Anqing operations remaining)
  • Shenyang Modern Tram in Shenyang, China between August 2013 and 2016/2017

Hong Kong

RDTA owns 100% and operates the Hong Kong Tramways, which operates trams in Hong Kong Island of Hong Kong. Veolia Transport's Chinese subsidiary, Veolia Transport Chinese Limited (VTCL), at first bought 50% shares from the owner The Wharf (Holdings) in April 2009. The shares was passed on to VTRA upon the latter's creation three months later in July 2009. VTRA then bought the other 50% shares in 2010.[4][5] It is currently the only operation fully owned by RDTA, as opposed to the other operations which are contracted by governments, city councils, or concession companies.

Macau

VTRA owned Reolian as a joint venture (65%) with HN Group, a company in Macau. Reolian operated buses in Macau since August 2011 until July 2014, after the company filed for bankruptcy in October 2013.[6] The company is now replaced by Macau Nova Era de Autocarros Públicos, known as Macau New Era Public Bus in English.

Manila

RDTA operates Line 1 of the Manila Light Rail in the Philippines since 2015, as part of a 20-year contract between RATP Dev and the concessionaire of the line, Light Rail Manila Corporation (LRMC).[7][8] RATP Dev placed the operation under RDTA. The concessionaire, LRMC, was awarded the concession to operate and maintain the line as well as constructing an extension to the line.[9] The 9-station extension of the line is due to be completed in 2018.[10]

This operation is not listed as a Transdev operation in any Transdev website, and no other sources suggest that Transdev operates it, but it is listed in the RDTA and RATP Dev websites.[3][11]

Mumbai

RDTA owns 70% of Metro One Operation Pvt Ltd (MOOPL), a joint venture company set up in March 2009, which operates the Mumbai Metro Line 1 in India under a five-year contract since June 2014.[12][13][14] The other 30% of the MOOPL is owned by Reliance Infrastructure, a subsidiary of the Reliance Group. Reliance Infrastructure and RDTA are planning to extend the operation contract, as well as looking into bidding for metro rail projects in other Indian cities.[15]

RDTA also owns 5% of Mumbai Metro One Pvt Ltd (MMOPL), a special purpose vehicle set up in December 2006, which owns the line and was in charge of its construction.[16] Reliance Infrastructure owns 69% of the MMOPL, and Mumbai Metropolitan Region Development Authority (MMRDA) owns 26%.[17]

Nanjing and cities in Anhui province

RDTA operated buses since 2008 in the Nanjing suburbs of Luhe and Pukou, as well as nearby Chinese cites of Ma'anshan, Huainan, Huaibei and Anqing in neighbouring Anhui province, as part of a joint venture with Nanjing Zhongbei for a period of 30 years.[18] As of January 2018, RDTA operates buses only in Anqing.[3]

In May 2008, Veolia Transport's Chinese subsidiary, Veolia Transport Chinese Limited (VTCL), held 49% of a joint-venture company "Nanjing Zhongbei Veolia Transport Co. Ltd" with Nanjing Zhongbei (Group) Co., Ltd.(51%), a transport company based in Nanjing.[19][20] When formed, the joint venture took over some of Nanjing Zhongbei's owned companies and the operations of:[21][22]

  • Nanjing Zhongbei's Pukou subsidiary in Nanjing, Jiangsu (was fully owned by Nanjing Zhongbei)
  • Nanjing Zhongbei's Luhe subsidiary in Nanjing, Jiangsu (was fully owned by Nanjing Zhongbei)
  • Anqing Zhongbei Bus Company in Anqing, Anhui (was 73.78% owned by Nanjing Zhongbei)
  • Huaibei Zhongbei Bus Company in Huaibei, Anhui (was 52% owned by Nanjing Zhongbei)
  • Huainan Zhongbei Bus Company in Huainan, Anhui (was 83.09% owned by Nanjing Zhongbei)
  • Ma'anshan Zhongbei Bus Company in Ma'anshan, Anhui (was 60% owned by Nanjing Zhongbei)

The 49% share of the joint venture was passed on from VTCL to VTRA when the latter was set up in July 2009.

In July 2012, as part of a restructuring of Nanjing Zhongbei's parent Nanjing Public Utilities Shareholding (Group), the joint venture's Nanjing operations (Nanjing Zhongbei Veolia Luhe Company and Nanjing Zhongbei Veolia Pukou Company) were sold to Nanjing Public Transportation (Group) Co. Ltd. (also a subsidiary of Nanjing Public Utilities Shareholding) and placed under its subsidiary Nanjing Yangzi Public Transport Co. Ltd.[23][24][25] In June 2016, Nanjing Zhongbei was renamed to Nanjing Public Utilities Development Co., Ltd. after its parent company, but the joint venture name did not change.[26][27]

By 2014, the joint venture was left with Huainan, Huaibei and Anqing operations,[28][29] and by 2016, it was left with just Huaibei and Anqing.[26][30] In late 2017, the new RDTA website states that it operates buses in Anqing only.[3]

Seoul

RDTA owns 80% of Seoul Line9 Operation (SL9), which operates and maintains phase 1 of the Seoul Subway Line 9 (also known as Metro9) in South Korea since July 2009, under contract to Seoul Metro Line 9 Corporation (SML9), the franchisee (concessionaire) of the line.[31][32] The contract to operate the line was extended for another 10 years in 2013.[33] Seoul Line9 Operation used to be called SOUTHLINK9, and was formed in 2007 between Veolia Transport Korea (80%) and Hyundai Rotem (20%).[31] SOUTHLINK9 was renamed Seoul Line9 Operation in October 2008.[34] The share by Veolia Transport Korea was passed to VTRA when the latter was formed in July 2009.

Seoul Metro Line 9 Corporation (SML9), a different company, is the developing company and current franchisee of the line phase 1 which oversaw the line's construction, and was awarded the contract by the City of Seoul in 2005.[31][35] Collectively, SLM9 and SL9 are known as Metro9. Seoul Line9 Operation (SL9) is also a different company to the Seoulmetro Line Nine Co.,Ltd. (100% owned by Seoul Metro), who is the concessionaire and operator of phase 2 and future phases of the line.

Shenyang

RDTA operates lines 1,2 and 5 of the Shenyang Modern Tram in the north-eastern Chinese province of Liaoning, as part of an operation company owned by the city-owned "Shenyang Hunnan Modern Transport Co., Ltd" (51%) and RDTA (49%).[36][5] The tramway opened on 31 August 2013. The duration of the contract to operate the 60 km tramway network was for three years.[37] RDTA does not operate the tramway anymore as of December 2017.[3]

History

The two companies that make up the joint venture

The joint venture was established in 2009 between Veolia Transport and RATP Dev and was originally named "Veolia Transport RATP Asia (VTRA)".[38][39] It was created for an initial period of 20 years.[2]

Prior to establishment VTRA, Veolia Transport already existed in Asia under different names. In China, it existed under the name "Veolia Transport China Limited (VTCL)", and had a joint venture with Nanjing Zhongbei to operate buses in China since September 2008, as well as owning 50% of Hong Kong Tramways at the time.[20] In South Korea, "Veolia Transport Korea" had already formed a company (80%) with Hyundai Rotem (20%) in March 2007 known as Southlink 9, and it won a ten-year contract to operate the Seoul Subway Line 9, which later opened in 2009.[31] In India, Veolia Transport formed a special purpose vehicle called Mumbai Metro One Pvt Ltd (MMOPL) in 2006 to construct the Mumbai Metro Line 1. These Veolia operating companies and their contracts were passed on to VTRA upon the latter's creation.[2]

Veolia Transport later merged with old Transdev in 2011 to form Veolia Transdev, which subsequently rebranded to just Transdev in July 2013.

Company names

Due to the Veolia Transdev merger and the rebranding to just Transdev, the joint venture did not have a fixed name (its name had always been the parent companies' names put together). As a result, it was referred to by a variety of names. It was not until the creation of the RDTA website in 2017 that confirmed the name of the joint venture to be RDTA.

The name "Veolia Transport Korea" was rarely mentioned and only used during the formation of Southlink 9 (now Seoul Line9 Operation).[31]

Even after the establishment of VTRA, "Veolia Transport China Limited (VTCL)" was mentioned in an April 2015 version of the Hong Kong Tramways website. The website was revamped later that year and now refers the joint venture by its current name. The VTCL name was never mentioned in Transdev, RATP or the old VTRA websites.

Between 2011 and 2013, the Reolian website refers its owners as "Veolia Transport RATP" and HN Group (the other owner of Reolian).

In a August 2014 press release, Transdev referred the joint venture as "Transdev RATPDev". In 2015, when the joint venture was bidding for the Bulim bus contract in Singapore, its Singaporean website in June 2015 used the name VTRA. However, the official name used in the bidding process was the current name RATP Dev Transdev Asia.[40] The bid was eventually awarded to Tower Transit Singapore and the website was deleted soon after.

The August 2016 RATP Dev website also referred the joint venture by its current name. RATP Dev also mentioned the current RDTA name in this December 2017 link about the Seoul Metro.

Below is a summary of the past and present names of this joint venture:

  • Veolia Transport Korea: 2007 - 2009 (only for Korea)
  • Veolia Transport China Limited (VTCL): 2008 - 2015 (only for operations in China and Hong Kong)
  • Veolia Transport RATP Dev (VTRA): 2009 - 2015
  • Veolia Transport RATP: 2011 - 2013
  • Transdev RATPDev: 2014
  • RATP Dev Transdev Asia (RDTA): 2015–present

See also

References

  1. ^ "RATP Dev Transdev Asia". Archived from the original on August 10, 2016. Retrieved 27 December 2017.
  2. ^ a b c d "Veolia Transport and RATP Développement set up joint venture to boost growth potential in Asia". Veolia. 16 July 2009. Archived from the original on 2 February 2018. Retrieved 2 February 2018.
  3. ^ a b c d e f "RDTA website". Archived from the original on December 25, 2017. Retrieved 25 December 2017.
  4. ^ a b "Our Shreholders". Hong Kong Tramways. Archived from the original on 2 July 2017. Retrieved 31 January 2018.
  5. ^ a b "Hong Kong and Shenyang Tramways". RATP Group. Archived from the original on 1 February 2018. Retrieved 1 February 2018.
  6. ^ "Macao - China (Bus)". VTRA. Archived from the original on 26 May 2014. Retrieved 31 January 2018.
  7. ^ "Light Rail Manila Corp inks operation and maintenance contract with French firm RATP Dev for the LRT1 extension project". France in the Philippines and in Micronesia - Embassy of France in Manila. Retrieved 4 February 2018.
  8. ^ "Philippines: Manila LRT-1 Cavite Extension" (PDF). International Finance Corporation. Retrieved 4 February 2018.
  9. ^ "Company profile". Light Rail Manila Corporation. Retrieved 4 February 2018.
  10. ^ "Manila - Philippines". RATP Dev. Archived from the original on 22 December 2017. Retrieved 31 January 2018.
  11. ^ "References". RATP Dev. Archived from the original on 31 January 2018. Retrieved 31 January 2018.
  12. ^ "Mumbai metro line 1: one year of success and already 100 million journeys". Transdev. 8 June 2015. Archived from the original on 1 February 2018. Retrieved 8 June 2015.
  13. ^ "Metro One Operation Pvt. Ltd. (MOOPL)". RATP. Archived from the original on 1 February 2018. Retrieved 1 February 2018.
  14. ^ "METRO ONE OPERATION PRIVATE LIMITED". Zauba Corp. Retrieved 2 February 2018.
  15. ^ "RInfra, Veolia to extend partnership beyond Mumbai Metro". Retrieved 2 February 2018.
  16. ^ "MUMBAI METRO ONE PRIVATE LIMITED". Zauba Corp. Retrieved 2 February 2018.
  17. ^ "Overview". Reliance Mumbai metro. Retrieved 2 February 2018.
  18. ^ "Nanjing (bus)". VTRA. Archived from the original on 26 May 2014. Retrieved 31 January 2018.
  19. ^ "Company Profile". Veolia Transport RATP. Archived from the original on 25 May 2014.
  20. ^ a b "Veolia Transport pursues expansion in Asia with signature of first contract in China". Veolia Transport. 8 December 2008. Archived from the original on 9 August 2009. Retrieved 31 January 2018.
  21. ^ "Nanjing Zhongbei partners with French giant Veolia" (in Chinese). Sina. 27 May 2008. Retrieved 4 February 2018.
  22. ^ "Nanjing Zhongbei Veolia joint venture" (in Chinese). Sina. 29 May 2008. Retrieved 4 February 2018.
  23. ^ "About Yangzi" (in Chinese). Nanjing Yangzi. Retrieved 4 February 2018.
  24. ^ "Nanjing Zhongbei Financial Report 2012" (PDF) (in Chinese). March 2013. p. 25,26. Retrieved 6 February 2018.
  25. ^ "Subsidiary restructure" (in Chinese). Nanjing Public Utilities Shareholding (Group). Retrieved 6 February 2018.
  26. ^ a b "Nanjing Zhongbei Financial Report 2016" (PDF) (in Chinese). March 2017. p. 163. Retrieved 6 February 2018.
  27. ^ "=Company Overview of Nanjing Public Utilities Development Co., Ltd". Bloomberg. Retrieved 17 March 2018.
  28. ^ "Nanjing Zhongbei Financial Report 2014" (PDF) (in Chinese). Nanjing Zhongbei. March 2015. p. 157. Retrieved 6 February 2018.
  29. ^ "RATP Financial Report 2015" (PDF). RATP. p. 119. Retrieved 8 February 2018.
  30. ^ "RATP Financial Report 2016" (PDF). RATP. p. 122. Retrieved 8 February 2018.
  31. ^ a b c d e "Veolia Transport to operate Line 9 of the Seoul subway system, starting July 2009". United States Securities and Exchange Commission. March 7, 2007. Archived from the original on 6 February 2018. Retrieved 2014-08-19.
  32. ^ "Trandev and RATP". Metro9. Retrieved 1 February 2018.
  33. ^ "Seoul renews contract with Transdev and RATP Dev for operation of subway line 9". Transdev. 24 October 2013. Archived from the original on 27 December 2017. Retrieved 24 October 2013.
  34. ^ "History of Seoul Line9 Operation". Metro9. Retrieved 6 February 2018.
  35. ^ "About Company". Metro9. Retrieved 6 February 2018.
  36. ^ "Shenyang tramway network operated by RATP Dev and Transdev enters service". Transdev. 15 August 2013. Archived from the original on 31 January 2018. Retrieved 31 January 2018.
  37. ^ RATP Dev and Transdev to operate Shenyang LRT International Railway Journal 26 April 2013
  38. ^ Veolia prepares to expand Railway Gazette International 1 July 2009
  39. ^ "VTRA Company Profile (May 2014)". Archived from the original on May 25, 2014. Retrieved 25 May 2014.
  40. ^ "UK operator clinches first bus contract here". TODAY Online. 8 May 2015. Retrieved 8 February 2018.

External links

  • RATP Dev official website
  • Transdev official website
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