BEIJING, Sept. 4 (Xinhua) -- A consortium set up by Shenzhen Metro, China Civil Engineering Construction Corporation (CCECC) and Israeli bus company Egged won the bidding to operate and maintain the Red Line of Tel Aviv light rail in Israel last Thursday, according to Shenzhen Special Zone Daily.
It is reported that it is the first time for a domestic rail enterprise to enter a developed country. It also represents the third overseas project won by Shenzhen Metro with the other two being the operation and maintenance project for Addis Ababa light rail in Ethiopia and the Hanoi rail consulting and operational services project in Vietnam. The success indicates that the international market once again recognized China's technology and services in the field of rail and transit.
Shenzhen Metro has become a benchmark for innovated development in China’s rail and transit industry. As a state-owned large enterprise, the company has been closely following the Belt and Road Initiative to seek opportunities and picked up its “going global” pace in a market- and projects-oriented, innovation-driven manner.
Riding on the internationalization and modernization drives of Shenzhen city while leveraging the influence of the city as a key node for the Belt and Road Initiative, Shenzhen Metro has given full play to its experience and technology in the operation of rail and transit projects, said the report.
Combining its inherent advantages with the external environment, the company provides a complete range of services covering "management + services + maintenance + branding" in the operation of rail and transit projects. By doing so, it has not only gained strength for itself in the future international market of this sector, but also laid a solid foundation for corporate upgrades and sustainable development. In the meantime, it has set a good example for other state-owned enterprises in Shenzhen to “go global” by pursuing a global vision, thus enhancing the international influence and radiating effect of Shenzhen state-owned enterprises. (Edited by Hu Pingchao, hupingchao@xinhua.org)
A single purchase
