China CNR signs subway contract with MTR
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Xinhua, July 23, 2011
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China CNR Corporation Limited said its subsidiary had signed a deal worth 1.401 billion HK dollars (180 million U.S. dollars) to sell subway trains to Hong Kong's MTR Corporation.
Changchun Railway Vehicles Co., Ltd. under the China CNR, a major Chinese manufacturer of locomotives, will deliver the trains to MTR from this month to June 2015, the group said in a statement to the Shanghai Stock Exchange Friday night.
The statement did not say how many trains are included in the contract.
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