CNR eyes California contract after winning Thai order
State-owned mainland company and its partners secure HK$1.1 billion deal to supply carriages for intercity railway services in Thailand
China CNR Corp has bagged the biggest train contract in Thailand and it hopes to win a separate multibillion-dollar high-speed train deal with the California High-Speed Rail Authority in the United States.
CNR and the BBC consortium signed an agreement with the State Railway of Thailand to supply 115 passenger train carriages, according to CNR's website.
BBC consists of two Thai companies and the state-owned China Railway Construction Corp.
"This is the biggest purchase contract of train carriages in Thailand's history, and the award of this contract to CNR not only is a testament to the friendship between China and Thailand, but indicates the Thai people's high approval of Chinese products," said Thai transport permanent secretary Soithip Traisuth.
The contract for the 115 air-conditioned carriages is worth 4.6 billion baht (HK$1.1 billion), the reported.
The purchase was part of the government's 176 billion baht infrastructure development plan for last year and this year, the newspaper quoted the Thai official as saying.
CNR had previously supplied trains to Thai cities, but this is the state-owned company's first contract to supply carriages for the country's inter-city railway services.