CHINA CNR BAGS $567 MILLION BOSTON TRAIN CONTRACT

IT IS A BREAK THROUGH


CHINA CNR Corp said it won the local industry’s first major contract in the U.S., with an agreement to supply 284 subway cars for $556.6 million to the state of Massachusetts.

State-controlled China CNR Corp. said on Thursday it will supply cars for the subway system for the city of Boston. In a separate statement, the Massachusetts Department of Transportation said an arm of CNR submitted the lowest bid. The new cars be larger than the ones they are replacing and will have modern lighting, air and announcement systems.

IF THIS CONTRACT ORDERS FLOW DOWN TO JILIN MIDAS LIKE BOMBARDIER , ALSTOM AND SIEMENS TRANSPORT


MIDAS WILL FLY