Russia’s Sinara, China’s CRRC mull JV to make trains

Russia plans to have a large high-speed railway network.

Russia plans to have a large high-speed railway network.

ITAR-TASS
The trains would be used on high-speed railway lines.

Sinara Group, which is controlled by Russian businessman Dmitry Pumpyansky, might form a joint venture with China's CRRC Changchun Railway Vehicles to build trains for the upcoming Moscow-Kazan high-speed rail (HSR) line, business daily Vedomosti reported on May 11, citing a representative of Sinara.

There are currently no details about investment in the project or stakes in the venture, the Sinara representative told the paper.

“There is no final design work for the high-speed line itself yet. The timetable and details of the project have not been determined. Delivery of trains is a part of the next stage,” he said. 

Read more: FTA bodes well for Vietnam-Eurasian Union economic ties - experts

Subscribe to RBTH's Asia-related content

* indicates required

 

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page
Read more

This website uses cookies. Click here to find out more.

Accept cookies