Railway division will deliver the project in partnership with two Egyptian companies, trains will be built in Derby, Britain.
Elliot Sander will also oversee all sales and business development activities in the region.
New York’s transportation authority says the company won’t be awarded a $3.2 billion subway car contract because of past delays.
Move is part of restructuring plans announced last fall to eliminate 7,500 transportation and aerospace jobs around the world.
Scheduled to enter service at the end of 2019 in the Paris metropolitan area.
Follows a separate contract for 144 high- speed cars announced by the joint venture in March.
Evgeny Pavlov is “suspected to have been colluding” with Azerbaijan railway authorities “to adapt a contract” to fit Bombardier.
Losses related to troubled CSeries jets, public dispute over Toronto rail line and a WTO complaint over federal financial assistance.
Order flows from the 2006 framework agreement for up to 372 trains.
IPO expected to take place in the fourth quarter of this year.
Anniversary will be marked worldwide by a series of employee events.
Joint venture will be headquartered in Changzhou, near Shanghai.
Opposition lawmakers have criticized how the US$3.7-billion project was initially awarded.
The trains will be built at Bombardier’s Litchurch Lane facility in Derby, retaining up to 760 UK manufacturing jobs.
Southern Railway orders 116 cars with an option for 140 more.