China’s rolling stock manufacturer CSR Sifang will establish a presence in Argentina in a workshop currently ran by State-owned Trenes Argentinos Operadora Ferroviaria, Interior and Transport minister Florencio Randazzo announced.
Following a meeting with the company’s executives, Randazzo said that CSR Sifang’s arrival “will bring the technological transfer much needed” for the recovery of Argentina’s national railway industry.
The minister explained that an agreement has been reached for the establishment of a plant in workshops in Liniers that currently belong to Trenes Argentinos. He pointed out that this “will create new jobs,” as the Chinese company uses Argentina’s skilled labour.
Randazzo said that CSR Sifang will take on railways maintenance tasks and he did not rule out the possibility for future manufacture of railway equipment for Buenos Aires Metropolitan area as well as long distance trains.
Source: www.buenosairesherald.com
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