Home »Business and Economy » World » General Electric wins deal

US conglomerate General Electric Co said on November 01, it had won a big contract to supply 300 train locomotives to China to help in the booming country's bid to modernise its vast rail network.

GE said it had signed the contract worth more than 450 million dollars with the Chinese Railways Ministry to supply the 6,000-horsepower locomotives in co-operation with the Qishuyan Locomotive and Rolling Stock Works.Delivery of the locomotives is planned to start in 2007.

Copyright Agence France-Presse, 2005


the author

Top
Close
Close