New Zealand purchases 450 Chinese wagons

KiwiRail has announced that it will purchase 450 flat-top rail wagons from CRRC Qiqihar Rolling Stock. The value of the contract was not revealed.
The agreement was announced under the State-Owned Enterprises Act on continuous disclosure rules for transactions of more than NZD 50 million (EUR 29.7 million).
Delivery of the wagons is expected prior to the 2019 peak freight season.
Currently, KiwiRail owns 835 new wagons operating nationally and they are a key part of company’s intermodal freight growth objective which proposes to replace more than 150 wagons a year with a standardised fleet of intermodal general purpose wagons.
The IAB and IAC container wagons offer capacity of up to 56 tonnes (up from the 43 tonnes of the previous UK wagon fleet) and provide more container options for freight transport. The 500 IAB wagons were constructed by Dalian Locomotive and Rollingstock, at a cost of NZD 50 million (EUR 29.7 million) or NZD 110,000 (EUR 65 thousand) per wagon.
From China, KiwiRail also procured, in 2013, 20 DL new locomotives. Since 2010, KiwiRail started to receive the first new rolling stock, with a currently fleet of 48 new locomotives.

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