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15 July 2015

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CRCHI to Build New-type Rail Transit Equipment Industrial Park in Hunan

2017-12-01 Download Print

The China Railway Construction Heavy Industry Co., Ltd. (CRCHI) and the Changsha National Economic and Technical Development Zone (CETZ) Management Committee signed a cooperation agreement on November 29, 2017. The CRCHI will invest 10 billion yuan to build a world leading and full range of new rail transit equipment industrial park in Hunan.

CPC Hunan Provincial Committee Secretary and Hunan Provincial People’s Congress Standing Committee Director Du Jiahao met with CPC CRCHI Committee Secretary and President Meng Fengchao and his entourage before the signing ceremony. They came here to witness the ceremony. Other provincial leaders including Hu Henghua, Xie Jianhui, and Zhang Jianfei, and CPC CRCHI Committee Deputy Secretary and General Manager Zhuang Shangbiao also attended.

According to the agreement, the CRCHI will invest 10 billion yuan to build a new type of rail transit equipment industrial park. The automated assembly line of welding, processing, assembly, inspection, and testing will be constructed in accordance with the Industry 4.0 standards. The main products include maglev train, maglev freight system, mounted monorail train, straddle monorail train, and tram. There will be eight newly established rail transit comprehensive test lines as well. It is estimated to achieve an annual output value of over 10 billion yuan after operation.

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Translator: Yu Jiangjiang

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