China CNR Signs Subway Contract with MTR
Write:
Newell [2011-07-24]
China CNR Corporation Limited said its subsidiary had signed a deal worth 1.401 billion HK dollars (180 million U.S. dollars) to sell subway trains to Hong Kong's MTR Corporation.
Changchun Railway Vehicles Co., Ltd. under the China CNR, a major Chinese manufacturer of locomotives, will deliver the trains to MTR from this month to June 2015, the group said in a statement to the Shanghai Stock Exchange Friday night.
The statement did not say how many trains are included in the contract.