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NORINCO International signs RMB3.6 bln contract on subway train supply for Iran

January 25, 2017


Abstract : NORINCO International Cooperation Ltd (000065.SZ) announced on January 19 that it had signed a contract with Tehran Urban and Suburban Railway Company on supplying 406 subway trains for a subway project.

BEIJING, Jan. 25 (Xinhua) -- NORINCO International Cooperation Ltd (000065.SZ) announced on January 19 that it had signed a contract with Tehran Urban and Suburban Railway Company on supplying 406 subway trains for a subway project of the latter.

According to the announcement, the contract values 495.32 million Euros, or 3.62 billion yuan.

NORINCO International will also provide technical support, subway train test service, and personnel training for the project. Enditem (Edited by Li Xiaohui, lixh@xinhua.org)

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Keyword: Iran NORINCO subway-train

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