CSR to build Melbourne headquarters
By Gao Changxin | China Daily | Updated: 2011-10-11 07:57
Train maker aims to benefit from Australia's infrastructure updates
SHANGHAI - China's biggest train maker, China South Locomotive & Rolling Stock Corp Ltd (CSR), will set up its Australian regional headquarters in Melbourne, said Victoria Premier Ted Baillieu, in a statement on the state's website.
The headquarters, with an initial investment of $5 million and 20 employees, will open later this year and serve as CSR's latest bid to bring China's railway systems to Australia, which wants to expand its railway network.
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