Bombardier and CSR Puzhen proclaim joint venture
Published: Fri, 2014-11-14 08:00Rail technology leader Bombardier Transportation and CSR Nanjing Puzhen Co. Ltd (CSR Puzhen), two of the world’s largest rail suppliers, have signed an agreement to create a joint venture to develop and manufacture INNOVIA vehicles for urban and airport transit systems. Rapid urbanization and an increase in air travel have created a fast growing market for urban feeder systems and airport transit solutions in China.
Bombardier is a global leader in the turnkey transit system segment. Bombardier’s proven INNOVIA APM technology is in operation at 25 locations across the globe, including an urban system in Guangzhou, China as well as at the world’s three busiest airports; Atlanta in the USA, Beijing in China and London Heathrow in the United Kingdom. The new generation INNOVIA Monorail 300 system is the most advanced and desirable monorail system on the market and is currently being delivered in São Paulo, Brazil and for the new King Abdullah Financial District in Riyadh, Saudi Arabia.
Source: Bombardier