Chinese firm to buy 351 bullet trains worth USD 10.6 billion

China_HSR_indexA Chinese railway firm has opened tenders for 351 bullet trains worth a staggering USD 10.6 billion. State-owned China Railway Investment Corp has opened tenders for what it claims is the largest train order in history. As many as 228 bullet trains will have to reach a maximum speed of 350 km per hour, and 123 trains will need to run at 250 kilometers per hour, said CRIC, a subsidiary of China Railway Corp. The tenders are for China-based makers only, the local media informs. The demand for rail in China has witnessed considerable growth.


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