China Orders 80 High Speed Trains in $4 Billion Deal. By James Murray, BusinessGreen, September 30, 2009. "As politicians in the US and UK continue to debate the merits of building high-speed rail networks, China is threatening to leave them stuck in a siding with plans for over 6,000km of high-speed rail lines and a new order for 80 trains with a top speed of 380km per hour. Canadian engineering giant Bombardier announced that a joint venture between its transportation arm and China-based rail firm CSR Sifang has secured a $4bn (£2.5bn) contract to provide the Ministry of Railways with 80 of the Zefiro 380 model, termed 'very high speed'. Bombardier, which is expected to secure $2bn in revenue though its share of the contract, said that the trains will be built at its facility in Qingdao, with the first trains delivered from 2012 and the order completed by 2014… The company says that they also include a new propulsion system that will deliver overall energy savings per passenger of up to 50% compared to existing rolling stock…'one of the most far-reaching high-speed rail initiatives anywhere in the world.'"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment