Monday, September 28, 2009

Bombardier Sifang wins $4 billion China contract

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bombardier-584-web.jpgBombardier Transportation's joint venture, Bombardier Sifang (Qingdao) Transportation Ltd., will build 80 ZEFIRO 380 very high speed (236 mph) trains (1,120 cars) for the Chinese Ministry of Railways (MOR). The contract covers the supply of 20 eight-car trainsets and 60 sixteen-car trainsets; Bombardier's share of the contract is estimated at $2 billion. The first train is scheduled for delivery in 2012.

“The new trainsets will be an integral part of an evolving high speed rail capability in China, which is developing more than 6,000 kilometers of new high speed lines to create one of the most advanced high speed rail networks in the world,” Bombardier said in an announcement Monday. The trains will be based on Bombardier's next-generation ZEFIRO high speed rail technology and powered by the energy-efficient BOMBARDIER MITRAC propulsion and control system.

Bombardier said the trains will also incorporate its advanced ECO4 energy saving technologies to create  “best-in-class energy and operating efficiencies.”

The ZEFIRO 380 trains will be manufactured at Bombardier Sifang (Qingdao) Transportation production facilities in Qingdao, China. Engineering will take place in Qingdao and at Bombardier centers in Europe, with project management and components provided from sites in Europe and China.

Established in 1998, Bombardier Sifang (Qingdao) Transportation Ltd. is a joint venture of Bombardier and CSR Sifang Locomotive and Rolling Stock Ltd. dedicated to supplying passenger rail rolling stock for China. It has delivered more than 1,000 passenger railcars into China since its inception, including a range of high speed trains and high-grade passenger coaches.

Bombardier Inc. President And CEO Pierre Beaudoin commented: "We are very pleased to be delivering leading-edge very high speed rail technology through Chinese expertise and resources. This illustrates the strategic importance of delivering the most advanced rail technology for China from within China."