日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

CSR unit wins $2.1b deal in South Africa

By Lyu Chang in Beijing and Feng Zhiwei in Changsha (China Daily) Updated: 2014-03-19 07:38

CSR unit wins $2.1b deal in South Africa

The exhibition hall for locomotive models at CSR Zhuzhou Electric Locomotive Co. The leading Chinese rolling stock manufacturer will provide electric locomotives valued at $2.1 billion to state-owned South African logistics company Transnet SOC Ltd, the largest export deal for the Chinese manufacturer. Long Hongtao / Xinhua

Rolling stock manufacturer CSR Corp Ltd got a boost in its share price after a subsidiary announced on Monday that it won a bid to supply electric locomotives in South Africa.

CSR Zhuzhou Electric Locomotive Co will provide electric locomotives valued at $2.1 billion to state-owned South African logistics company Transnet SOC Ltd, the largest export deal for the Chinese manufacturer.

CSR unit wins $2.1b deal in South Africa
CSR unit wins $2.1b deal in South Africa
On Tuesday, CSR shares jumped 13.1 percent to HK$6.3 (80 cents) in Hong Kong and nearly 4.7 percent to 4.4 yuan (70 cents) in Shanghai.

Most of the locomotives will be used to transport coal and ore in South Africa. The six-axle locomotives can haul freight trains at up to 100 kilometers per hour, according to CSR Corp.

The subsidiary, based in Zhuzhou in central China's Hunan province, will transfer technology for electric locomotive manufacturing to South Africa. More than 60 percent of the parts and components will be produced in South Africa.

This isn't the first deal in South Africa for CSR, one of China's top two locomotive and rolling stock producers.

In 2012, the Zhuzhou-based company won a bid to provide 95 electric locomotives to Transnet.

Zhou Qinhe, general manager of CSR Zhuzhou, said this project can greatly improve the efficiency of freight and rail operations in South Africa and provide technology transfers.

"It is a key step for China's high-end equipment manufacturing industry to establish a good reputation for 'Made in China' overseas," he added.

With demand from developed countries weak, China's rolling stock companies are increasingly targeting new emerging markets such as South Africa.

Rival China CNR Corp Ltd has also won a contract worth about $800 million from Transnet, which is in the middle of a seven-year plan to shift freight from the roads to the rail system, the China News Service reported.

Two other global manufacturers, Bombardier Inc and General Electric Co, are also part of Transnet's plan.

Local media reports said Bombardier and GE will supply 240 electric and 233 diesel locomotives, respectively, to Transnet.

So far, CSR Zhuzhou has won orders worth $2.5 billion for electric locomotives from South Africa.

China became South Africa's trading partner in 2009. Bilateral trade increased 32 percent last year to 270 billion rand ($25 billion).

CSR unit wins $2.1b deal in South Africa
CSR unit wins $2.1b deal in South Africa
Building brand South Africa in China?

China confident of foreign trade growth in 2014 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 精品视频亚洲 | 香蕉视频网站在线观看 | 日韩一区欧美 | 99久久99久久精品国产片果冰 | 久久草视频 | 伊人网在线观看 | 福利二区视频 | 色多多av | 小泽玛利亚av在线 | 一区二区国产精品视频 | 夫绿帽中文字幕日本 | 午夜精品久久久久久久久久久久 | 一级一级黄色片 | jizz国产在线 | 69av网| 久久久黄色片 | 我要看免费的毛片 | 一级黄色大片 | 成人夜晚视频 | 久久九九精品 | 天堂av中文字幕 | 精品国产一区二区三区在线观看 | 欧美特级特黄aaaaaa在线看 | 美日韩三级 | 日本少妇做爰全过程毛片 | 狠狠干在线视频 | 特级大胆西西4444人体 | 国产精品久久久久久久久久久久久久久久 | 日韩av免费网站 | 欧美做受视频 | 欧美一级做性受免费大片免费 | 亚洲视频免费看 | 国产人成一区二区三区影院 | 四虎影院在线免费 | 成年人在线免费看 | 美女一二区| 女人天堂网站 | 黄色一级片免费观看 | 午夜影院欧美 | 国产亚洲91 | 国产免费一区二区三区免费视频 |