The China South Locomotive & Rolling Stock (CSR) has unveiled a plan to invest 5bn yuan ($787m) to build a locomotive manufacturing and repair centre in south-west China.

CSR has signed the investment deal with the municipal government of Chengdu on 21 October 2011 according to chairman of the CSR board Zhao Xiaogang.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Initially the company is planning to invest 1.5bn yuan ($234.8m) to manufacture and repair light rail and subway trains.

The centre will also repair railway trains, locomotives and electric vehicles, the company said.

 

See Also:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.