Economy

Markets

Industries

Insights

Reports

Events

CSR wins contract for Singapore subway train production

(Xinhua)
Updated: 2009-05-09 14:51

China South Locomotive and Rolling Stock Corporation Limited (CSR) said in Beijing Friday one of its subsidiaries had obtained contract to supply for subway vehicles in Singapore.

Related readings:  Locomotive maker to quadruple sales  South Locomotive up 11.5% in HK debut  S.Locomotive, Everbright Securities IPO under review  South Locomotive to raise $1.3b in Shanghai IPO

CSR Sifang Locomotive & Rolling Stock Co Ltd and Japan's Kawasaki Heavy Industries (KHI) Group together got the contract, which is worth S$368 million ($252.3 million), from the Land Transport Authority (LTA), a board under Singapore's Ministry of Transport.

The contracted subway vehicles would be delivered in batches between 2011 and 2012 and put to use in the existing north-south and east-west subway lines in Singapore, according to the agreement.