Pakistan Railway will Buy Chinese Locomotives

Pakistan Railway will Buy Chinese Locomotives
November 30, 2009 7:27 pm
0
976
A+
A-

The Pakistan Railway has finalised a programme to buy 75 Chinese locomotives, to be funded by a loan from China.

Pakistan Railway is currently in talks with China’s EXIM Bank for the loan, which is expected to be finalised shortly, the state railways’ chairman said.

China has agreed to make available 85% of the loan. The broader programme includes buying a total of 150 locomotives, 75 of which are expected to be bought from the US.

The programme is part of the state railways’ development plan under which 200 coaches and 500 high speed capacity wagons would be procured.

TAGS: , , , ,
railwaynews
railwaynews
Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.
COMMENTS

This site uses Akismet to reduce spam. Learn how your comment data is processed.

No comments yet, be the first filling the form below.