Vossloh wins EUR 50 million contract in China

rail fastening Vossloh has been awarded a contract to supply rail fastening systems for the construction of a new high-speed line in China.

The EUR 50 million contract will be implemented by Vossloh Fastening Systems China Co Ltd, based in Kunshan, China, with delivery scheduled for the years of 2023 and 2024.

The systems will be used for the construction of the high-speed rail line between the metropolises of Weifang and Yantai, in the eastern Chinese province of Shandong.

“We are very pleased to have won another significant contract in quick succession in a strategically important and highly demanding market. This is further proof of the trust placed in our technological expertise and the outstanding quality of our products,” Oliver Schuster, the CEO of Vossloh AG, said.

This is the third time within the last four months the company won a fastening systems contract in China.

With this new order, the sales of Vossloh for 2023 in the area of rail fastening systems for high-speed lines in China are largely secured, Oliver Schuster explained.

The Weifang–Yantai high speed line will be linked to Tianjin high-speed rail network and will be designed for a maximum speed of 350 km/h.

In 2020, the authorities have approved the feasibility study for the construction of the Weifang – Yantai rail section and in 2022 the feasibility study for the rail line from Binhai train station (in Tianjin) to Weifang was approved.  The Binhai-Yantai high speed rail will be served by 20 stations ending at Yantai South which provides the connection to the 299 km Qingdao–Rongcheng intercity rail line.

This year, the National Development and Reform Commission has approved two USD 37.4 billion projects covering the construction of Tianjin – Weifang and Xi’an – Chongqing high-speed rail lines.

In Shandong Province, the 126 km Weifang – Laixi high-speed line has been inaugurated in November 2020.

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