The FINANCIAL — Bombardier’s Chinese joint venture will be responsible for the maintenance services of 280 train cars, which is to be completed by the end of 2021.
Bombardier Transportation has announced that its Chinese joint venture, Bombardier Sifang (Qingdao) Transportation Ltd. (BST), has been awarded a contract by China State Railway Group Co. Ltd. (CHINA RAILWAY) to provide maintenance services for 280 high-speed train cars (32 trains), which BST manufactured for China’s evolving high-speed rail network.
The total contract is valued at approximately 1.24 billion CNY ($192 million). Bombardier Transportation owns 50 per cent of BST shares, which is consolidated by Bombardier Transportation’s partner, CRRC Sifang Rolling Stock Co. Ltd.
“We are delighted to be awarded this maintenance service contract by CHINA RAILWAY. Our China team’s expertise and experience across the portfolio enable us to support our customers with integrated solutions, including designing, manufacturing and maintenance services, and we look forward to contributing further to the development of China’s railway industry and keeping sustainable success in China,” said Jianwei Zhang, President of Bombardier Transportation China.
BST won this contract to provide maintenance service for 280 cars, which includes CRH1A-A, CRH1A, CRH1E and CRH380D – 32 trains in total – for different levels of maintenance. All the maintenance will be completed by the end of 2021.
In the last two years, BST has provided maintenance work for more than 1,200 high-speed train cars and has delivered the service with high quality. The award of this new maintenance contract further illustrates both the customer’s trust in BST and BST’s full capacity and strong competitiveness to deliver integrated solutions in the high-speed train sector.