Asia Unhedged | China Railway Rolling Stock lands US$364 million Indonesia deal
CRRC high-speed trains. Photo: CRRC
CRRC high-speed trains. Photo: CRRC
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China Railway Rolling Stock lands US$364 million Indonesia deal

CRRC will provide 11 eight-car trains for the Jakarta-Bandung rail project

April 14, 2017 2:27 AM (UTC+8)

Chinese rail car manufacturer China Railway Rolling Stock (CRRC) announced on Wednesday a deal to provide 11 eight-car trains to Indonesia for the Jakarta-Bandung rail project.

The sale, which is part of a contract signed earlier this month between a consortium of Chinese and Indonesian firms, is reportedly worth US$364 million. It comes on the heels of CRRC’s US$191 million deal with Malaysian authorities last month.

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