By CFM , 2015-08-18 05:29:36
On July 9, The CRCC (Malaysia) Railway Vehicles Co., ltd, led by CRCC Zhuzhou Electric Locomative Co. Ltd was put into operation, which allowed Malaysia to be the first country with the ability to manufacture railway equipment products in ASEAN.
On August 18, based on the news from People’s Daily, this “railway factory” is able to produce 100 trains and un-wheeling repair 150 trains annually. It was reported that this factory would be the one with the highest level of railway equipments technology and production ability among the 10 ASEAN countries.
General Manager of CRCC (Malaysia) Railway Vehicles Co., Ltd, Mr. Wang Luke indicated that the new total demand of metros, bullet trains and electric locomotives in Malaysia will be close to 1000 and the amount of trains in need of repair will reach to 2000 in the next 5 years. Market potential is huge after the ASEAN Manufacturing Center is finished, which is predicted to gain annually 0.4 billion ringgit (1 ringgit is equal to 1.58 CNY). Furthermore, it will gain a stronger support to enter into the local market since the Malaysia base shares the same lot with the local economy.
Mr. Wang also indicated that CRCC would endeavor to make ASEAN Manufacturing Center as a Sino-Malaysia model of the economic and industrial cooperation and one of the first batch of experiment and demonstration bases of “One Belt and One Road”.
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