China Exports of HSR, Trains, Metro, Tram, Rolling Stocks, etc: News

[Realtalk108]

ECRL is up and running again
Saturday, 13 Apr 2019
beh yuen hui and mazwin nik anis

BEIJING: It is confirmed – Malaysia has managed to bring down the construction cost of the East Coast Rail Link (ECRL) project by RM21.5bil, which is almost a third of the original cost.

The new price is set at RM44bil now, down 32.8% from the previous RM66bil.

Tun Daim Zainuddin, who led the negotiations with China, said the latest cost estimate was far more manageable for the government.

“It will also require a smaller loan from Exim Bank, which will further reduce the interest to be paid,” he told Malaysian journalists at the Malaysian Embassy here yesterday.

With the new price tag, the construction cost for the project is now at RM68mil per km, against RM98mil per km originally.

Earlier yesterday, Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd signed a supplementary agreement to pave the way for the resumption of the suspended project.

The agreement also saw slight changes to the route from Kota Baru in Kelantan to Port Klang in Selangor, with the length cut by 40km to 648km.

“It will still be double-tracking,” said Daim, who is the Special Envoy of the Prime Minister.

The realigned route will see the rail track diverted to Negri Sembilan from Mentakab in Pahang, bypassing Bentong in Pahang and Gombak in Selangor as planned earlier.

“It will start in Kota Baru, then to Mentakab, Jelebu and Kuala Klawang in Negri Sembilan, continue on to Bangi, Kajang, Putrajaya and end in Port Klang,” he said, without elaborating on the changes.

He said construction would commerce as soon as possible with the new date of completion reset to 2026, a two-year delay from the project planned originally.

Daim, who is also chairman of the Council of Eminent Persons, added that it had been agreed that 40% of the sub-contractors for the project would be Malaysians.

Negotiations on the loan and interest rate were still ongoing, he said.

“Now that the cost is lower, the loan will also be lower,” he said.

Daim declined to reveal more details, saying that Prime Minister Tun Dr Mahathir Mohamad will address a press conference on the ECRL on Monday.

China’s Foreign Affairs Ministry spokesman Lu Kang said his government was glad to see the issue being settled through friendly negotiation.

He said China and Malaysia were good neighbours and partners, which viewed each other’s friendship with importance.

Lu Kang said China hoped to see the project recommence soon.

In Putrajaya, the Prime Minister’s Office (PMO) confirmed the latest details involving the ECRL.

“The signing was achieved after months of negotiations between the companies involved as well as the governments of Malaysia and China.

“This reduction (in cost) will surely benefit Malaysia and lighten the burden of the country’s financial position,” it said in a statement yesterday.

The PMO said the supplementary agreement covered the engineering, procurement, construction and commissioning aspects of the ECRL.

It confirmed that Dr Mahathir would address the media at 11am on Monday.

The original 688km ECRL proposal comprised Phase 1, stretching from the Klang Valley to Kuantan.

Phase 2 is from Kuantan to Kuala Terengganu and Phase 3 connecting Kuala Terengganu to Kota Baru and Tumpat.

The Pakatan Harapan government suspended the ECRL project after winning the general election last year.


https://www.thestar.com.my/news/nation/2019/04/13/ecrl-is-up-and-running-again/#x2qJ5xb1Vx80WE20.99

Holy crap! 30% reduction is huge. Pakistan must be taking notes.

 

[Han Patriot]

Holy crap! 30% reduction is huge. Pakistan must be taking notes.

That was supposed to be bribes for the previous PM.

 

[JSCh]

2 tunnels dug through in China-Laos Railway construction
Source: Xinhua| 2019-04-15 19:28:29|Editor: zh

Staff of China Railway No. 5 Engineering Group celebrate after Nateuy No. 2 Tunnel of China-Laos Railway was dug through in Oudomxay Province of Laos, some 400 km north of Lao capital Vientiane, April 15, 2019. Two tunnels of the China-Laos Railway, namely Nathong No. 2 and Nateuy No. 2, were dug through on the same day on Monday by the constructor China Railway No. 5 Engineering Group. (Xinhua/Hu Yong)

VIENTIANE, April 15 (Xinhua) -- Two tunnels of the China-Laos Railway, namely Nathong No. 2 and Nateuy No. 2, were dug through on the same day on Monday by the constructor China Railway No. 5 Engineering Group (CREC-5).

The two tunnels were located in Oudomxay Province, some 400 km north of Lao capital Vientiane.

The two tunnels, with lengths of 225 meters and 1,145 meters respectively, were dug through two months and three months ahead of schedule respectively. So far, the CREC-5 has holed through five out of the 10 tunnels in the section.

Xiao Qianwen, the Communist Party of China (CPC) secretary of joint working committee of the China-Laos Railway, told Xinhua on Monday that the accomplishment was another key progress made in tunnel construction of the railway project, after the drilling-through of Boten Tunnel, the first major tunnel over 5,000 meters along the China-Laos railway, in March.

The China-Laos Railway is a strategic docking project between the China-proposed Belt and Road Initiative and Laos' strategy to convert from a landlocked country to a land-linked hub.

The 414-km railway, with 75 tunnels of 198 km and bridges of 62 km, runs from Mohan-Boten border gate in northern Laos to the capital of Vientiane within an operating speed of 160 km per hour.

The electrified passenger and cargo railway is built with the full application of Chinese management standards and technical standards.

The project was started in December 2016 and is scheduled to be completed and open to traffic in December 2021.

 

[JSCh]

Explosion-proof light rail train rolls off assembly line
Source: Xinhua| 2019-04-16 19:34:17|Editor: ZX

CHANGCHUN, April 16 (Xinhua) -- An explosion-proof light rail train that will be exported to Israel rolled off the assembly line in the northeastern Chinese city of Changchun on Tuesday.

The train, manufactured by CRRC Changchun Railway Vehicles Co., Ltd., will be used for the red line of the light rail system in the Israeli city of Tel Aviv. The 23-km line is schedule to be put into operation in 2021.

As required by the Israeli side, the train was designed with explosion-proof features of the highest security standards, according to the Chinese train maker.

The train's underframe structure is made of non-ferromagnetic material, which can prevent magnetic bombs from being attached to it. The windows are equipped with explosion-proof glass that can withstand the impact of stones and burning bottles.

Inside the train, the door of the driver's room is designed in accordance with Israel's anti-intrusion safety standards.

In terms of fire resistance, the underframe structure will remain intact within 15 minutes of combustion, giving passengers enough time to evacuate.

In 2015, CRRC Changchun Railway Vehicles signed an agreement with Metropolitan Mass Transit System Ltd. in Tel Aviv to provide trains for the city's light rail system.

 

[TaiShang]

Explosion-proof light rail train rolls off assembly line
Source: Xinhua| 2019-04-16 19:34:17|Editor: ZX

CHANGCHUN, April 16 (Xinhua) -- An explosion-proof light rail train that will be exported to Israel rolled off the assembly line in the northeastern Chinese city of Changchun on Tuesday.

The train, manufactured by CRRC Changchun Railway Vehicles Co., Ltd., will be used for the red line of the light rail system in the Israeli city of Tel Aviv. The 23-km line is schedule to be put into operation in 2021.

As required by the Israeli side, the train was designed with explosion-proof features of the highest security standards, according to the Chinese train maker.

The train's underframe structure is made of non-ferromagnetic material, which can prevent magnetic bombs from being attached to it. The windows are equipped with explosion-proof glass that can withstand the impact of stones and burning bottles.

Inside the train, the door of the driver's room is designed in accordance with Israel's anti-intrusion safety standards.

In terms of fire resistance, the underframe structure will remain intact within 15 minutes of combustion, giving passengers enough time to evacuate.

In 2015, CRRC Changchun Railway Vehicles signed an agreement with Metropolitan Mass Transit System Ltd. in Tel Aviv to provide trains for the city's light rail system.

China contributing constructively to the Middle Eastern peace and security.

 

[JSCh]

Feature: Chinese builders expand metro network in Moscow
Source: Xinhua | 2019-04-17 03:35:50 | Editor: huaxia

MOSCOW, April 16 (Xinhua) -- Chinese engineers and workers are busy tunneling in southwest Moscow using domestic equipment and technology for a new metro line of the city.

This is the first time for the Chinese to build a subway in Europe.

The first tunnel was holed through in early April and the remaining eight tunnels are expected to be drilled through by the end of this year, said Xue Liqiang, a manager of the project with China Railway Construction Corporation Limited (CRCC).

Since August 2017, the CRCC has been building a 4.6-km section and three stations on the "Large Circle Line" or the "Third Interchange Contour" in Moscow, which will be completed by the end of 2020.

The company designed and produced five tunneling shields capable of coping with the city's harsh winter and complicated geological condition.

"The 12-hour record for our tunneling shields was an advancement of 21 meters, and the daily record was 35 meters. We are planning to beat a monthly record of 800 meters, the highest speed ever in Russia," Xue said.

"Many Chinese students studied subway construction in Soviet Union in early 1950s and Soviet experts helped design the first metro line in Beijing. We are now working at the home of our former teachers," he said.

The CRCC hires more than 100 engineering and managing staff and over 700 workers for the project, and about half of them are Russians.

Chinese and Russian personnel used to have many different opinions and even argued for over a month as the two countries adopt different technological standards and approaches, said Konstantin Orlov, chief mechanician of the project.

"But now we are perfectly meshed. I admire Chinese colleagues' dedication and professionalism," said Orlov, who has 27 years of experience in metro construction.

Russian worker Aleksandr Kolomeytsev said he is getting well along with his Chinese colleagues and has picked up some simple Chinese. They usually enjoy dinner and have fun together after work.

To add a touch of Chinese features to the magnificent Soviet-style Moscow metro system, the CRCC has gotten permission to decorate the "Michurinsky Prospekt" station with red color, traditional auspicious flowers and patterns.

The CRCC won the bid to build a section of the "Large Circle Line" with its vast experience and advanced technology, said Maxim Liksutov, Moscow deputy mayor in charge of transport infrastructure development.

According to him, the Russian capital attaches great significance to expanding and upgrading its metro system as the metropolis faces serious traffic congestion.

Official data showed that Moscow has a population of around 12.5 million with nearly 2 million of them commuting in daily rush hours, and 5.6 million vehicles of various kinds registered there.

The city aims to increase metro lines from the current 300 km to 1,000 km by 2023.

In February this year, the CRCC won another contract worth over 5.64 billion rubles (about 88 million U.S. dollars) to build a 2.947-km section of the "Large Circle Line."

The Chinese company is expected to start tunneling in December 2019 and complete it in February 2021.

"We are very pleased that Chinese companies have come to our market and are working here to build important transport infrastructure for Muscovites," Liksutov said.

 

[TaiShang]

Chinese railway vehicle manufacturing giant reveals new LRV for Tel Aviv

Updated 12:46, 17-Apr-2019
By Feng Yilei

The first light rail vehicle (LRV) made for Tel Aviv, the second most populous city in Israel, rolled off the production line in northeastern China's Changchun City on Tuesday. The new metro car developed by CRRC Changchun Railway Vehicles marks the first time that a 100-percent low-floor LRV made completely by China enters a developed country's market.

Senior mangers of CRRC Changchun Railway Vehicles and Tel Aviv Metropolitan Mass Transit System (NTA) unveil the LRV. / CGTN Photo

After taking a test ride on the train, Efi Kalifa, NTA's VP of Systems and Technologies, who is in charge of the LRV project, told CGTN that he had pride and confidence in both its quality and the professional team to fulfill all the targets by the commencement of operations in 2021.

"According to the very good experience that we had till now, I really expect CRC team and management will participate in our next future lines," he added.

The LRV is said to have the highest level of safety among its peers and multiple designs have been specially tailored for the Israeli metropolis.

LRV model /CGTN Photo

Its integrated explosion-proof designs include the curved train roof, a non-ferromagnetic bottom, and blast-resistant windows to cope with possible rocks and explosive devices to meet the security needs of the Middle Eastern country.

The white train body is designed to match the cultural heritage of the White City, the world's largest collection of Bauhaus style buildings, which is in Tel Aviv. And the special traction control system, as well as the air-conditioning system, will enable smooth and pleasant trips in the hot and humid Mediterranean weather.

Besides, cutting-edge technologies like automatic train operation and composite material make the vehicle lighter and more eco-friendly.

LRV interior shows auxiliary facilities that make travel more convenient for children, the elderly, and disabled. / CRRC Photo

Manufacturers believe the vehicle is driving towards Israel, and a broader overseas market.

Yu Qingsong, deputy chief engineer of CRC, calls the train a typical example of how Chinese manufacturing can create something that fits both Israeli customization and European railway standards. Liu Gang, deputy general manager of CRC's Global Business department, believes the breakthrough in Israel paves the way for the company to further explore the railway market in Europe which has long been a base camp of a number of industry leaders.

"At the beginning, we faced some doubts on our design and production capabilities. With full preparation and rich experience accumulated in other high-end foreign markets like Australia, Brazil, and the U.S., we prove that we are qualified to meet the European standard," said Liu.

Photo via Changchun Daily

CRRC Changchun was selected in 2015 as the preferred bidder to supply 90 light metro cars, with an option for 30 more, to operate on the 23km Tel Aviv Red Line. A 16-year maintenance agreement had also been signed to provide not just product but also long-term service and solutions.

The people of Tel Aviv have seen many incarnations of plans for subways, tramlines and other urban transportation systems. And with all preparations in place, they are expected to see the first line of the light rail system.

The Red Line will run through five cities, along one of the most crowded routes in the metropolitan area. Experts believe it will increase the use of mass transit system and cut commuting time.

https://news.cgtn.com/news/3d3d774e7963444d34457a6333566d54/index.html

 

[TaiShang]

Chinese Firm Wins Another Construction Deal for Moscow Metro Line

XU WEI
DATE : APR 18 2019/SOURCE : YICAI

Chinese Firm Wins Another Construction Deal for Moscow Metro Line

(Yicai Global) April 18 -- China Railway Construction Corporation has inked a RUB27 billion (USD423 million) contract with Moscow Engineering Projects to build a 6.4-kilometer subway line section in the southwest of the Russian capital Moscow.

The line will connect downtown Moscow with Kommunarka, and is expected to significantly ease traffic congestion in the metropolis, state-backed Xinhua News Agency reported.

The Beijing-based firm is currently building another stretch of the Moscow Metro's third transit line and progress is going smoothly, CRCC Russia Chairman Meng Tao said at the signing ceremony.

CRCC won its first contract for the transit system in 2017 before securing another at the start of this year. Initial tunneling work began at the start of this month.

 

[JSCh]

Zambia launches construction of TAZARA memorial park to remember Chinese heroes
Source: Xinhua| 2019-05-13 22:50:29|Editor: Yamei

Zambia's first President Kenneth Kaunda (C) and other guests lay the foundation for the construction of a memorial park in Chongwe, Zambia, on May 13, 2019. Zambia on Monday held a groundbreaking ceremony to commence the construction of a memorial park that will commemorate the Chinese who died during the construction of the Tanzania-Zambia Railway. (Xinhua/Peng Lijun)

CHONGWE, Zambia, May 13 (Xinhua) -- Zambia on Monday held a groundbreaking ceremony to commence the construction of a memorial park that will commemorate the Chinese who died during the construction of the Tanzania-Zambia Railway (TAZARA).

The TAZARA Memorial Park will be constructed on a land about two hectares in Chongwe district of Lusaka Province.

The ceremony was attended by both Zambian and Chinese government officials, including Zambia's first President Kenneth Kaunda and China's Minister of Veteran Affairs Sun Shaocheng.

In his remarks, the Chinese minister commended the Chinese workers who sacrificed their lives and died during the construction of the project.

Sun said about 50,000 Chinese workers at the time came to Africa to work in various projects and worked hard despite harsh conditions.

He said Zambia and China have never forgotten the sacrifice of the martyrs, adding that their sacrifice to duty will motivate the two countries to work harder to cement the ties.

According to Sun, the decision of the two governments to embark on a joint project to construct the memorial park was a mark of genuine friendship between the two countries.

China, he said, was committed to making joint efforts with Zambia to carry forward the spirit of TAZARA and collaborate more in various areas for a shared future.

Li Jie, Chinese Ambassador to Zambia, said in his remarks that over 160 workers, including 69 Chinese nationals, sacrificed their lives during the construction of the 1,860-km railway line and deserved to be well remembered by the younger generation of the two countries.

"In order to permanently commemorate the Chinese heroes who sacrificed their lives in Zambia and the history of friendly cooperation between China and Zambia, through friendly consultations, our two governments have decided to build a TAZARA memorial park."

"We highly value the gesture of the Zambian government and people to make this great project happen," Li said.

The Chinese envoy said the memorial park will be a history book for the younger generation of the two countries and that once completed, it will be a free park open to all and will also become a new landmark building to promote tourism.

According to Li, TAZARA deserves to be regarded as an enduring monument as it has made indelible, historical monument contributions to the anti-imperialist and anti-colonial struggles and to the development and revitalization of eastern and southern Africa.

Li said in building TAZARA, the people of the three countries forged the great TAZARA spirit which has left an invaluable asset for the future generations.

Kaunda said Zambia will never forget the sacrifice shown by China over the years and that the southern African nation will forever be grateful.

Kaunda said the memorial park will go a long way in reminding people of the two countries of what happened in the past and that it will act as a symbol of enhanced cooperation between the two countries.

Zambian President Edgar Lungu commended the collaborative efforts of the two countries to construct the memorial park, saying it shows the unwavering relations between the two countries.

Lungu said in a speech read by Foreign Affairs Minister Joseph Malanji that the construction of the memorial park was a hallmark in the history of the friendship between the two countries.

The Zambian president said the people of Zambia will always be grateful and remember the selflessness and generosity exhibited by China by providing various assistance.

The president commended Chinese nationals who died during the construction of the railway line, adding that it was appropriate that a tribute was paid to them through the construction of the memorial park.

 

[JSCh]

Indonesia marks first tunnel breakthrough in high-speed railway project
Source: Xinhua| 2019-05-14 23:12:41|Editor: Liangyu

Photo taken on May 14, 2019 shows the first completed tunnel project of Jakarta to Bandung High Speed Rail in Walini, West Java, Indonesia. The 142.3 km-long Chinese-built High Speed Railway (HSR) project will connect Indonesia's capital Jakarta and West Java's Bandung in the southeast. (Xinhua/Du Yu)

Jakarta, May 14 (Xinhua) -- Indonesia on Tuesday marked a milestone in its Jakarta-Bandung high-speed railway (HSR) project with the breakthrough of a tunnel at the project's landmark site in West Bandung regency.

The Walini tunnel breakthrough nearly completes the construction of 608-meter HSR tunnel near the Walini station.

"Walini tunnel breakthrough event is a milestone for HSR project in Indonesia. This milestone would further convince Indonesian people that having HSR train serves in Indonesia is not an expectation that cannot be fulfilled," Managing Director of PT China Indonesia Fast Train (KCIC) Chandra Dwiputra said.

KCIC is a joint venture consortium by Chinese and Indonesian state-owned firms that runs the 142-km HSR train project linking Jakarta and capital of West Java province of Bandung.

The Walini tunnel is one of 13 tunnels constructed for the Jakarta-Bandung HSR project. Built in 15 months, it has a diameter of 12.6 meter in the inner section and 14.3 meter in the outer section, Chandra said.

West Java Governor Ridwan Kamil said that the Jakarta-Bandung HSR project would spur new economic centers alongside the route with the opening of new settlements and cities alongside the route.

"Operation of Jakarta-Bandung HSR train would set a new city development standards that heavily highlights on advanced connectivity. We hope that it would also link the newly-opened cities with strategic and essential places to further boost the economy," Ridwan said in the event.

He added that his office would also build a transit station linking the HSR station in Tegal Luar to downtown area with Light Rail Transit (LRT) transportation system.

The HSR train enables people to travel in about 40 minutes between Jakarta and Bandung, while regular trains or cars take up to 3 hours. Four stations located in Jakarta, Karawang, Walini and Tegal Luar have been planned to facilitate travelers using the HSR train.

Indonesia State-owned Enterprises Minister Rini Soemarno said that the China-Indonesia joint venture firm has apparently been very effective in building the tunnel in Walini.

"I convey my greatest gratitude for China's willingness to provide training programs for Indonesian engineers involved in the project site as well as sending them to China for further training session. I have a dream that within the next 10 years Indonesia and China can work together in developing HSR train in other countries," she said.

 

[JSCh]

China-Laos railway's 1st bridge span completed over Mekong River
New China TV
Published on May 21, 2019

The first bridge span of the China-Laos railway has been built over the Mekong River in northern Laos.

 

[JSCh]

Argentina celebrates railway line revamp
Source: Xinhua| 2019-06-01 17:36:14|Editor: Yamei

BUENOS AIRES, May 31 (Xinhua) -- Argentine President Mauricio Macri highlighted Friday the benefit to the country brought by the modernization of the Belgrano Cargas train line, an initiative that has the support from China.

Macri directed the inauguration ceremony of the first 700 km of renewed railway tracks of the Belgrano Cargas train in the town of Joaquin V. Gonzalez in Salta province.

"Where there is cargo and work, the railroad will arrive. It is a fundamental piece because it brings Argentines closer to other Argentines," the president said.

For the modernization and updating of the tracks, he said, the government had "to bid, plan and award the project, do the construction work, and start a cultural change in the company through the training of conductors and everybody else in this new stage with the new equipment brought from China."

The Argentine government has been working on the recovery of the "C8 branch" of the Belgrano Cargas train, which crosses the northern provinces of Tucuman, Salta and Santiago del Estero.

The works are part of a project that seeks to renovate, for the first time, the 1,800 km of railways in the region and that also covers the provinces of Chaco and Santa Fe.

"The whole world has confidence in us and has opened the door for us to sell what we are capable of doing, and we need to be connected for that," Macri said during the ceremony.

The train has modern machines produced by the CRRC Qishuyan company, subsidiary of the CRRC Group, China's leading train manufacturer.

The incorporation of the locomotives is part of the comprehensive plan to reactivate the freight trains. The plan includes the purchase of locomotives and wagons and the rehabilitation of roads.

In a statement, the Argentine government said the works in the Belgrano Cargas train line generated more than 3,700 direct jobs. Between January and April of 2019, it transported 674,010 tons of cargo, 27 percent more than the same period of the previous year.

 

[JSCh]

Leo Express unveils its Chinese EMUs - Railway Gazette

Leo Express unveils its Chinese EMUs
03 Jun 2019

CZECH REPUBLIC: The three multi-system electric multiple-units being built for open access operator Leo Express by Chinese manufacturer CRRC Zhuzhou Electric Locomotive are nearing completion and on course for delivery in the second half of the year, the operator confirmed on June 3.

The inter-city EMUs are due to undergo certification at the VÚŽ test track in Velim before entering service. They will initially be used on domestic and international routes in the Czech Republic, Slovakia and Poland, but Leo Express said it planned to expand their operation to other European countries in the future.

...
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[JSCh]

Chinese-made metro trains to be supplied for metro line in Brazil's Sao Paulo
New China TV
Published on Jun 8, 2019

Metro trains produced by a Chinese firm are to be supplied for a metro line in Sao Paulo in Brazil

 

[JSCh]

CCCC signs contract for Serbian section of Belgrade-Budapest railway
July 18, 2018

Abstract : China Communications Construction Co., Ltd. (CCCC) recently signed the contract for the Novi Sad-Subotica-Kelebia (border) section in Serbia of the Belgrade-Budapest railway, during the Seventh Leaders' Meeting of China and CEEC.

BEIJING, July 18 (Xinhua) -- China Communications Construction Co., Ltd. (CCCC) recently signed the contract for the Novi Sad-Subotica-Kelebia (border) section in Serbia of the Belgrade-Budapest railway, during the Seventh Leaders' Meeting of China and Central and Eastern European Countries (CEEC), according to yidaiyilu.gov.cn.

The Belgrade-Budapest railway is the flagship project of China-CEEC cooperation and is also a landmark project for the construction of the Belt and Road between China and Europe.

The section of the signed contract is 107 kilometers long and will be constructed by CCCC and China Railway International Group.

The section starts from Novi Sad passenger terminal and to the north reaches the Serbian-Hungarian border Kelebia village close to Subotica city in Serbia.

With a designed speed of 200 kilometers per hour, the project will adopt the current Serbian standards in design and construction.

Budapest – Beograd corridor upgrading contract signed
18 Jun 2019

​

HUNGARY: A US$2·078bn contract to implement a major modernisation of the Hungarian section of the Budapest – Beograd route was signed on June 12.

The scope includes doubling-tracking the 150 km route from Budapest Soroksár to the border at Kelebia, installing ETCS Level 2 and work to permit 160 km/h operation.

The programme is to be undertaken by the CRE consortium of local company RM International (50%), China Tiejiuju Engineering & Construction and China Railway Electrification Engineering Group.

The contract will come into force once a loan agreement to finance 85% of the cost is finalised with China’s EximBbank, which is expected in the third quarter of this year. The Hungarian government is to provide the remaining 15%.

Work is scheduled to be completed within five years.


Budapest – Beograd corridor upgrading contract signed - Railway Gazette