aks18
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just saw on geo news Pakistan have signed the agreement of 50 locomotive engines worth 10 billion rupee with china 10 engines will soon arrived and rest will come by next year. if any one have news link kindly share here.
On February 4, CSR Ziyang Co., Ltd, a subsidiary of China South Locomotive and Rolling Stock (China CSR Corp.) (1766: HKG; 601766: SHA), reached an agreement with Pakistan to sell 50 locomotives to the country. As a result, the company has exported their locomotive products to 23 countries, improving China CSR Corp.’s international market influence.
Based on the purchase contract, CSR Ziyang needs to deliver the first batch of ten locomotives to Pakistan at the end of 2013 and to deliver the remainder in May 2014.
CSR Ziyang previously exported nearly 600 locomotives to 22 countries in Asia, Africa, America and Oceania.
http://www.chinascopefinancial.com/news/post/22628.html
On February 4, CSR Ziyang Co., Ltd, a subsidiary of China South Locomotive and Rolling Stock (China CSR Corp.) (1766: HKG; 601766: SHA), reached an agreement with Pakistan to sell 50 locomotives to the country. As a result, the company has exported their locomotive products to 23 countries, improving China CSR Corp.’s international market influence.
Based on the purchase contract, CSR Ziyang needs to deliver the first batch of ten locomotives to Pakistan at the end of 2013 and to deliver the remainder in May 2014.
CSR Ziyang previously exported nearly 600 locomotives to 22 countries in Asia, Africa, America and Oceania.
http://www.chinascopefinancial.com/news/post/22628.html