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          BIZCHINA> Top Biz News
          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:
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          CSR wins contract for Singapore subway train production South Locomotive up 11.5% in HK debut
          CSR wins contract for Singapore subway train production S.Locomotive, Everbright Securities IPO under review
          CSR wins contract for Singapore subway train production 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.


          (For more biz stories, please visit Industries)

           

           

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