December 10, 2013

China orders 258 high-speed trains

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CHINA Railway Investment Corporation (CRIC), the tendering unit of China Railways Corporation (CRC), has placed orders with subsidiaries of China Northern Rolling Stock Corporation (CNR) and China Southern Rolling Stock Corporation (CSR) for a total of 258 high-speed trains.

Lot 1 comprises 78 250km/h trains, which will be supplied in eight batches by CSR Sifang. Lot 2 comprises 180 350km/h sets, and is divided between CNR Changchun (27 trains), CSR Sifang (83 trains) and CNR Tangshan (70 trains).

The total value of the two lots is reportedly around Yuan 44bn ($US 7.3bn).

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