China Railway Rolling Stock inks 191 million US dollar deal in Malaysia
A signing ceremony is held in Changsha, Hunan province, on April 11, 2017. Xu Dazhe, governor of Hunan province, Liow Tiong Lai, Minister of Transport of Malaysia, and other officials attend the ceremony. [Photo: guancha.cn]
China Railway Rolling Stock Corp (CRRC) Zhuzhou Locomotive Co., Ltd. has signed an order contract to deliver 22 electric railway trains to Malaysia.
The deal was signed in Changsha city, central China's Hunan province, on Tuesday.
The 22 electric railway trains include 13 hybrid electrics and 9 modern super electric railway trains.
The general assembly plant of China Railway Rolling Stock Corp (CRRC) in Malaysia [File photo: CRI Online]
Signed by the Malaysian branch of the CRRC Zhuzhou, the order is worth 1.32 billion yuan (USD 191 million). The design of the trains is being completed at CRRC Zhuzhou's headquarters in Hunan province, while production will be done in Malaysia.
The trains are expected to be delivered in 2018.
Xu Houguang, chief of the communications department with CRRC, said the trains have new capacity technology, which is expected to cut power use.
The trains are also being specially designed to fit the track gauge in Malaysia.
High-speed inter-city railway train that is exported to Malaysia by China Railway Rolling Stock Corp (CRRC) [File photo: CRI Online]
"CRRC has realized the second step of the internationalization of the enterprise, which is localization and makes long-term market operation possible," said Xu Houguang.
Liow Tiong Lai, Minister of Transport of Malaysia, said that the products and services provided by CRRC are welcomed in Malaysia, saying the products and services have improved people's lives, created jobs and enhanced economic development in Malaysia.