Alstom

Summary

French conglomerate, a partner with Veolia in the consortium contracted to build and manage the Jerusalem Light Rail, and a target of the Derail Veolia and Alstom campaign in Chapter 11 of Boycott, Divestment, Sanctions (Boycott, Divestment, Sanctions: The Global Struggle for Palestinian Rights, PDF p.154-159).

Alstom and Veolia were sued at Nanterre in 2007 by the PLO and the Association France-Palestine Solidarité; in April 2009 the court declared jurisdiction over the claim concerning the construction and operation of East Jerusalem’s light railway (PDF p.154-155).
An appeal by Palestinian campaigns urged Saudi Arabia not to award Alstom a $2.5 bi l l i o n p o w er - pl an t co n t r a c t; t h e S a u d i g o v er nm e n t d i d n o t r es p o n d, an d A l s t o mj o in e d a co n sor t i u ma w a r d e d a$ 1.8 billion civil works contract in March for the Makkah-Madinah Haramain Express railway, prompting an official Palestinian Authority complaint (PDF p.156).
The Swedish national pension fund AP7, a fund of $15 billion, excluded Alstom from its investment portfolio, explicitly justified on the grounds of its involvement in the light rail project (PDF p.159).

tags
aliases