Bombardier Sifang Wins Contract to Build 80 High Speed Trains for China

Bombardier Transportation announced that its Chinese joint venture, Bombardier Sifang (Qingdao) Transportation Ltd., has been selected by the Chinese Ministry of Railways to supply 80 Zefiro 380 high speed trains, comprising 1,120 cars, for the country’s rapidly growing high speed rail network. The contract, including 20 eight-car trainsets and 60 sixteen-car trainsets, is valued at an estimated US$4 billion. Bombardier’s share of the contract is estimated at US$2 billion. The first train is scheduled for delivery in 2012 with final deliveries expected in 2014. The trains will be manufactured at Bombardier Sifang production facilities in Qingdao. Engineering will take place at both Qingdao and at Bombardier centres in Europe with project management and components provided from sites in Europe and China.