Taiyuan, Shanxi Province will to build the railway equipment manufacturing Industrial Park

   December 23, 2008, Taiyuan city governmentof the country . The province of cargo traffic on the
and the China North Vehicle Group, to jointly build railhuge demand for railway freight cars. Taiyuan is the
equipment manufacturing industrial park projectcountry's leading energy and heavy chemical industry
strategic framework agreement signed in the capital.base, coal, electricity and other energy an adequate
Deputy secretary, Mayor Zhang Bing-sheng, Wangsupply of steel cost parity obvious advantages. As the
Jiansheng, deputy mayor of North Car Group leaderscentral and western regions of the central city, with
attended the ceremony. The two sides agreed totoo much silver in the construction of the railway and
jointly invest the building of Taiyuan Railway equipmenthas been connected from Qingdao to Yinchuan
manufacturing industrial park. With three years to buildExpressway, Taiyuan City, has become a veritable
parks to become the country's largest railwayhub of east and west of the transport, logistics center
equipment manufacturing base.and the north China city of energy and raw material
To implement the policy of expanding domesticsupplies. Through this strategic cooperation, the two
demandsides complement each other, transportation
State Department issued 10 measures to expandequipment manufacturing industry will also be a major
domestic demand, with a total investment quota of 4adjustment in Taiyuan in Shanxi Province as well as
trillion yuan. Up to now the amount of approval of theproduction projects and new economic growth points,
railway construction investment has reached 2 trillionand the formation of the city, "south, Nanjing Auto,
yuan Le undoubtedly become the locomotive ofnorth north car" industrial new pattern.
stimulating domestic demand. "Taiyuan RailwayDraw a blueprint for the project in early
equipment manufacturing industrial park projectSince mid-November 2008, Taiyuan City, the
conform to the situation, seize the country vigorouslyGovernment has with the North Car Group has
carry out railway construction opportunities. This is aapproached a number of projects. According to Le
positive response from central government to expandThe project, located southwest of Taiyuan Railway
domestic demand in Taiyuan, promote stable and rapidLink and the hub of high-speed adjacent regions,
economic growth of 10 measures, an importantCentral, Southwest, North Central, south of Yumen
measure."River north of Lian flow path area. The project will
Unique advantagesintegrate the existing rail equipment company in
Taiyuan has the raw materials, key components of theTaiyuan, Shanxi, West Group, TISCO, too, and other
railway vehicle truck assembly of complete industrialenterprises the advantages of resources, attracting a
chain of manufacturing, there is the world's largest axlelarge rail equipment manufacturing group involved in
billet and stainless steel and other raw materials,investment, construction. The scale of construction, the
specialty steel production enterprise TISCO Group,Taiyuan Railway Equipment Manufacturing Industrial
Asia's largest axle manufacturer in Western ShanxiPark Planning 5 million square meters (about 7,500
Group, the country only a high-speed rail EMUs wheelacres), investment of about 18.0 billion. March 2009
assembly production base in Chile strange companyrailway freight base construction start in early 2010 put
with railway freight vehicle development andinto operation by the end of 2010 all the up to put into
production advantages of the North Car Taiyuaneffect. A goal of the project for the years of
equipment company. In recent years, has formed amanufacturing railway wagons 10000, repair trucks
metal refining and processing, equipment10000, the sales revenue 15 billion yuan; second phase
manufacturing, washing and chemical coking coalof the project planning covers an area of 4000 mu,
mining dominated the four pillar industries, a strongthe building objective for the years of manufacturing
industrial system on the development of railwayrailway wagons 20000, the annual sales income of
equipment manufacturing industry provides the500 billion. According to analysis, industrial park
technology, talent and resources to the areas ofconstruction put into production, estimated annual sales
strong support for .income of 50 billion yuan, profits and taxes 8.0 billion.
From the market demand for, Taiyuan RailwayAfter the completion of the project will be the city's
Bureau, the whole road freight in 18 Railway Bureau,northern Le Car Group, following the Changchun and
the largest and highest income Railways transport ofDalian in northern China after the third-largest rail
goods shipped accounted for more than one-sixth ofequipment manufacturing base.
the country, coal transportation accounted for one-third