BST wins second contract to build cars for China’s high-speed rail network
The pace of development in the Chinese high-speed rail market is demonstrated with this contract being the second in three months.
Bombardier Sifang (Qingdao) Transportation Ltd. (BST) has won a second contract to support China’s evolving high-speed rail network.
The new contract, awarded by China Railway Corp. (CRC), is to supply 168 CR400AF new Chinese standard high-speed train cars and is valued at approximately $453 million.
The 168 cars will be configured into 15 eight-car trainsets and three 16-car trainsets with an operating speed of 350km/h.
Jianwei Zhang, President, Bombardier Transportation China, said: “This repeat order comes just three months after the previous, clearly demonstrating the pace of development in the Chinese high-speed rail market as well as the trust that CRC has placed in our products and performance. We are confident that our ability to consistently meet our customers’ quality, quantity, timing and cost requirements, in combination with our focus on long-term sustainable success in China, has been key to our achievements in this fiercely-competitive market.”
In September 2018, BST won its initial Chinese standard high-speed train contract and all 120 are on schedule to be delivered by the end of 2018. The on-time and quality delivery has earned the industry’s trust in BST, leading to this second order while also demonstrating the joint ventures’ efficiency and ability to compete in, and add value to high-speed rail mobility in China.