China CNR Corporation Limited announced a subway export contract with the United States. The company will deliver 284 metro trains worth 4.118 billion yuan (USD 670 million) to the transportation regulator in Massachusetts, to equip Boston’s Red and Orange metro lines, according to the announcement.
The metro trains are designed to run 102 kilometers per hour and up to 129,000 kilometers a year on regular maintenance for at least 30 years.
The Chinese company also plans to tap markets in New York, Washington D.C. and other U.S. cities. They will set up a R&D base in the country to promote localized production by recruiting and training locals.
Source: xinhuanet.com
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