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Chinese train maker signs South Africa contract

Edit:Hanzi     Click:6504     Time:2012-9-11 8:08:31
China's largest train manufacturer, CSR Corp Ltd, on Monday announced its subsidiary company has secured a contract worth $400 million to supply freight electric locomotives to South African logistics firm Transnet.

The contract won by CSR Zhuzhou Electric Locomotive Co Ltd set a precedent for Chinese train manufacturers in the continent of Africa, one of the world's fastest-growing steel rail markets.
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