Turkmenistan Buys $30 Million Locomotive Spare Parts From Chinese Company

BUSINESS TURKMENISTAN
Turkmenistan Buys $30 Million Locomotive Spare Parts From Chinese Company
This is the largest locomotive spare parts contract signed between China and Turkmenistan since the establishment of diplomatic ties between the countries.(Photo: CRRC Ziyang)

The Chinese locomotive manufacturer CRRC Ziyang signed a contract for the supply of locomotive spare parts worth more than $30 million to Turkmenistan in an online ceremony held on Monday.

According to the announcement of CRRC Ziyang, this is the largest locomotive spare parts contract signed between China and Turkmenistan since the establishment of diplomatic ties between the countries.

In September last year, Turkmenistan received two freight locomotives of CRRC Ziyang.

CRRC Ziyang is a subsidiary of CRRC Corporation, which is the world's largest rolling stock manufacturer in terms of revenue.

2022