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Siemens unveils Chinese train contract

by Staff Writers
Berlin (AFP) Jan 21, 2010
German industrial giant Siemens said Thursday it had won a multi-million euro contract to supply equipment for regional trains in China.

The deal, worth around 450 million euros (634 million dollars), is to deliver components to the Nanjing SR Puzhen Rail Transport company for trains that will run on a 2,000-kilometre (1,240-mile) track in the Pearl River Delta.

The network is due to be completed by 2020 and the first component deliveries will take place in 2011 and 2012, Siemens said.



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210 million to ride China's rails during holiday
Beijing (AFP) Jan 20, 2010
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