Apr 04, 2011

UVZ and CSR: large-scale projects

Delegation of China South Locomotive and Rolling Stock Corporation (CSR) headed by its Vice President Fu Jianguo visited Moscow from 27 March 2011 till 2 April 2011 at the invitation of CEO of OJSC “RPC “URALVAGONZAVOD”.

During the visit the sides exchanged opinions and held discussions on market issues, projects and forms of cooperation. UVZ executives presented detailed plans of participation in the Russian railways development and in projects of Moscow rail transport development. At the same time under the auspices of the Russian side meetings of CSR delegation and senior officials of Russian Ministries and Departments were organized. The CSR delegation held meetings with Victor Khristenko, Minister of Industry and Trade of the Russian Federation, Andrei Nedosekov, Deputy Minister of Transportation of the Russian Federation, Alexei Tsidenov, Deputy Head of the Russian Government Department of Transportation and Infrastructure Construction, Valentin Gapanovich, Senior Vice President of OJSC “Russian Railways”, Yuri Mazikin, Deputy Head of Moscow Government Department of Transportation, Alexander Beletsky, CEO of OJSC “Corporation Ural Industrial – Ural Polar”, Evgeny Kuivashev, Deputy Plenipotentiary Representative  in the Urals Federal District and other officials.

In the course of the visit both Russian and Chinese corporations expressed mutual interest in cooperation in the field of locomotive and rail car building in Russia. The sides agreed to bolster cooperation and to examine particular forms of cooperation on the proposed projects on the basis of Letter of Intent on Cooperation signed by UVZ and CSR inBeijingin October, 2010.

Among the projects under discussion the following can be pointed out:  modernization of Moscow belt line railway, development of low-floor rail transport in Moscow, building of a 354-km long railway line in Yamal, meeting the demand for specialized tank cars and tank cars for liquid gases, liquid natural gas and chemical products transportation, etc.

The sides agreed to work closely on implementation of mutually beneficial projects.