Islamabad: China Railway Rolling Corporation (CRRC) Tangshan is looking to invest in Pakistan under China Pakistan Economic Corridor (CPEC), a news source reported. The corporation is looking to supply products and services for Pakistan Railways.
CRRC Director Overseas Targeted Publicity Corporate Culture Department Hu Rui briefed the media on the matter. She was speaking to the media delegation of South Asian and South East Asian Countries. She said that CRRC has great potential and is concentrating on the opportunities to enhance its operations under Belt and Road Initiative (BRI) in the countries that are receiving Chinese investment.
She also informed the media that CRRC has submitted the bid to provide 230 modern coaches to Pakistan that will help upgrade the country’s railways.
CRRC Tangshan was China’s first railway equipment factory founded in 1881. The company researches and develops railway vehicle products particularly for city railways transportation,hence it will be of great help to Pakistan’s railways infrastructure.
