The amount of the tender Chinese railway vehicles up to 120 billion in 2014
Category: News
Author: Pauline Carter
Time :12-28

China CNR (601299.SH) insiders said that next year the amount of the tender rail vehicles up to 120 billion yuan, is expected to start the first round of bidding in the first quarter next year, next year high-speed railway, motor car, truck and motorcycle demand will rise. Among them, the next year will be tender EMU 300-400 columns.

A quarter of next year will start production of the next round of bidding

The insider said that even in the first quarter next year does not start the first round of bidding total iron , China CNR and China South Locomotive (601766.SH) will communicate with the total iron to start production in the first quarter .

In addition , these people said , China CNR year 1st order high-speed EMU , some in the first quarter next year delivery , locomotives, passenger cars , trucks already paid the ; 2nd order 153 high-speed EMU , the non- alpine EMU in the next year 8 finished before the end of cross- alpine EMU before the end of October next year to pay finish , trucks deliver finished in January next year .

The person said that next year the railway development, including China CNR 's performance will be better . Driven the car to see the situation , total iron requires us to accelerate production and release orders to stay out of production space .

He said total iron reform this year , so the order is released relatively late , but in the second half of the orders are released twice -than-expected full-year results can still be guaranteed.

BT talking about Chongqing Metro project , the contract will amount to 10 billion

The person said the company is currently in talks Chongqing Metro BT project , has signed a framework contract early , is currently in negotiations formal contract , the contract amount is expected to reach 10 billion .

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