(Yicai Global) Oct. 29 -- Chinese locomotive firm CRRC Sifang and its Chilean partner have won a bid to supply a Chilean state-owned railway company with over 10 trains to be placed in central Chile.
CRRC Sifang will provide the Empresa de los Ferrocarriles del Estado with 13 trains, consisting of 36 units, the Qingdao-based firm said in a press release on Oct. 26. The vehicles will go to the regions of Araucania and Biobio. CRRC Sifang and Chile's Temoinsa formed a consortium to submit the tender.
The Chinese firm did not disclose the price of the contract that was opened for bidding in November 2017.
The deal marks another breakthrough in South America since CRRC Sifang's intercity high-speed train project in Argentina and urban transit train supply contracts in Sao Paulo, Brazil, the press release added.
CRRC Sifang, a unit of state-owned rolling stock firm CRRC Corp., makes up 44 percent of China's high-speed rail vehicle market share. By the end of last year, it received more than 5,000 overseas orders from more than 20 countries and regions, including the US and Indonesia.
Editor: Emmi Laine