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June 27, 2005
Additional High Speed
Trains For China
Seattle, WA, USA--(Jobwerx News)--World leading manufacturer of rail
transportation equipment to supply additional high speed trains and
establish rail equipment maintenance center in China.
Bombardier and the China Ministry of Railways (MOR) signed today a long-term
strategic cooperation framework agreement related to the purchase by
MOR of additional high-speed electric multiple unit trainsets from Bombardier
and its joint venture Bombardier Sifang Power (Qingdao) Transportation
Ltd. (BSP). The agreement also covers the creation of a maintenance
center dedicated to 200 km/h electric multiple unit trainsets. This
center, with a 250-trainset maintenance capacity, is to be established
in Guangzhou in 2007. Final agreement is expected to be completed within
the next weeks.
Example High-Speed Trains - ICE
3 - Germany and Netherlands. Click on photo for Low Resolution
image. |
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Through this 20-year agreement, Bombardier will supply the design and
equipment for the center. The MOR will supply land and the building. Bombardier
will also supply spare parts, maintenance management services, technical
support and training of personnel.
Laurent Beaudoin, Bombardier Chairman of the Board and Chief Executive
Officer, accompanied by Bombardier Transportation President, André Navarri,
and Bombardier Chief Country Representative in China, Jianwei Zhang, signed
the agreement with China Ministry of Railways’ Vice Minister Hu Yadong,
in the presence of leaders from several departments.
During the signing ceremony, André Navarri commented: “This agreement
is another testimony of Bombardier’s long-standing commitment to the Chinese
market. Our aim has always been to be a full-fledged partner and contributor
to the development of the railway network in China. We want to support
this development not only in supplying products, but also in providing
value-added services and know-how that will ensure long-term efficiency
and success to the operator.”
Vice Minister Hu Yadong responded that: “The history of friendly cooperation
between MOR and Bombardier goes back many years, and this partnership
has proven meaningful to both parties. It is in this same spirit that
we look forward to this future achievement.”
Bombardier participates in three joint ventures in China.
The first one, Changchun Bombardier Railway Vehicles Co. Ltd. (CBRC),
is dedicated to the production of metro vehicles. The second one, Bombardier
Sifang Power (Qingdao) Transportation Ltd., manufactures intercity passenger
coaches for the Chinese Ministry of Railways. The other joint venture,
Bombardier – CPC Propulsion Systems Co. Ltd. (BCP) - is involved in the
production, marketing and maintenance of propulsion components for rail
vehicles.
Bombardier Inc., headquartered in Canada, is a world-leading manufacturer
of innovative transportation solutions, from regional aircraft and business
jets to rail transportation equipment.
Bombardier’s longstanding business relationship with China began 50 years
ago. Including its joint ventures, Bombardier currently employs 1,400
people in China. In addition to its rail transportation operations, Bombardier
is the number one supplier to the Chinese regional aircraft market with
an installed base of 31 aircrafts operated by six airlines. It is also
the top-ranked manufacturer of business aircraft in the country.
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