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Siemens to help China build one of the world's fastest trains
(bloomberg.com)
Updated: 2005-11-21 14:28
High-Speed Trains
The Siemens-Tangshan service will run at a comparable 300- kilometer-an-hour
top speed as the TGV system of France and faster than Japan's
270-kilometer-an-hour shinkansen bullet train.
China will use the first Siemens-Tangshan train on a 137 kilometer route
linking Tianjin port with the Chinese capital city, scheduling it for completion
by the 2008 Beijing Olympics, Siemens said.
Bombardier, the world's largest maker of rail equipment, announced a plan in
May to manufacture undercarriages in eastern China's Qingdao city to fulfill
more than $800 million of contracts.
The Montreal-based company sold 367 train cars in February for $329 million
for a new railway line to the Tibetan capital of Lhasa from Qinghai province.
The company won another 2.58 billion yuan contract in August to supply 20
electric trains by the end of 2007 to Guangshen Railway Co. to use in southern
China.
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