China set to bid for US train links
Source: Agencies |
March 14, 2010, Sunday
|
Print Edition
Print Edition
CHINA plans to bid for contracts to build US high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said in Beijing yesterday.
China has built 6,500 kilometers of high-speed rail for its fast developing train network.
"We are organizing relevant companies to participate in bidding for US high-speed railways," said Wang Zhiguo, vice minister of railways.
Wang gave no details of where China's railway builders might seek contracts, but systems are planned in California, Florida and Illinois.
He said state-owned Chinese companies were already building high-speed lines in Turkey and Venezuela.
Beijing plans to construct a 25,000-kilometer high-speed rail network by 2020 in a 2-trillion-yuan (US$300 billion) project it hopes will spur economic and technology development.
A new line linking the central city of Wuhan with Guangzhou near Hong Kong on China's southern coast is billed as the world's fastest at 380 kilometers per hour.
China produces high-speed trains using French, German and Japanese technology. Its manufacturers have developed a homegrown version but have yet to produce a commercial model.
Chinese rail authorities have signed cooperation memos with California and Russia and state companies plan to bid on a line in Brazil linking Rio de Janeiro with Sao Paulo, Wang said. He said Saudi Arabia and Poland also have expressed interest.
The White House announced US$8 billion in grants in January for rail projects including the high-speed systems in California, Florida and Illinois.
China has built 6,500 kilometers of high-speed rail for its fast developing train network.
"We are organizing relevant companies to participate in bidding for US high-speed railways," said Wang Zhiguo, vice minister of railways.
Wang gave no details of where China's railway builders might seek contracts, but systems are planned in California, Florida and Illinois.
He said state-owned Chinese companies were already building high-speed lines in Turkey and Venezuela.
Beijing plans to construct a 25,000-kilometer high-speed rail network by 2020 in a 2-trillion-yuan (US$300 billion) project it hopes will spur economic and technology development.
A new line linking the central city of Wuhan with Guangzhou near Hong Kong on China's southern coast is billed as the world's fastest at 380 kilometers per hour.
China produces high-speed trains using French, German and Japanese technology. Its manufacturers have developed a homegrown version but have yet to produce a commercial model.
Chinese rail authorities have signed cooperation memos with California and Russia and state companies plan to bid on a line in Brazil linking Rio de Janeiro with Sao Paulo, Wang said. He said Saudi Arabia and Poland also have expressed interest.
The White House announced US$8 billion in grants in January for rail projects including the high-speed systems in California, Florida and Illinois.
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