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Home > Deals clinched with Iran and Turkmenistan

Deals clinched with Iran and Turkmenistan

Thursday, 25 August, 2011, 12:00am
Sophie Yu

CSR Corporation, one of the two dominant state-owned rolling-stock builders, yesterday announced agreements worth 7.16 billion yuan (HK$8.74 billion). The firm, which built the train that crashed near Wenzhou on July 23 killing 40 and injuring 200, said CSR Ziyang Locomotive, a subsidiary, and China National Machinery Import & Export Corp would sell two more batches of diesel locomotives to Turkmenistan. CSR Nanjing Puzhen Rolling Stock, a wholly owned subsidiary of the firm, will sell rapid transit vehicles worth 2.55 billion yuan to Iran.

Topics: 
Geography
Asia
Iranian Plateau
Asia
Business
Turkmenistan

Source URL (retrieved on May 24th 2013, 4:06pm): http://www.scmp.com/article/977107/deals-clinched-iran-and-turkmenistan