Bombardier Transportation recently announced that its Bombardier and New United Group (NUG) Signalling Solutions Co. Ltd. (BNS) joint venture (JV) in China has won its first contract. The order from Changzhou Metro Co. Ltd. is to equip its Metro Line 1 with an advanced rail control system. The total contract value for BNS is approximately 226 million Chinese RMBs ($US33 million). Bombardier owns 50% of the shares in BNS JV, which was established in 2015. Scheduled to open in 2019, the 34km Metro
This content is for Premium Subscribers only. To view this content, login below or subscribe as a Premium Subscriber.
