Bombardier Transportation announced that its Chinese joint venture, Bombardier Sifang (Qingdao) Transportation Ltd. (BST), has been awarded a contract from China Railway Corp. (CRC) to supply 40 CRH1A-A new generation high speed train cars to the Nanning Railway Bureau. The new trains will become part of the on-going integration of Guangxi's regional high-speed railways into the national high-speed network.
This new contract for five 8-car trainsets is valued at approximately 543 million Chinese RMBs (73 million euro, $79 million US) and follows a separate contract for 144 high speed cars announced by the JV in early March. Bombardier owns 50 percent of the shares in BST, and the JV is controlled by BT's partner CRRC Sifang Co., Ltd. This latest contract is the fourteenth high speed train order that BST has been awarded since 2004.
Jianwei Zhang, President of Bombardier China, said, "Our cutting edge rail technology is one of the driving forces behind the rapid development of China's advanced high speed train network. We have already provided over 3,000 high speed train cars to the Chinese market and this latest contract is further proof of our ability to consistently leverage our expertise and experience to contribute to the development of local and national economies in regions like Guangxi."
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