Bombardier joint venture wins first monorail contract in China

A joint venture between Bombardier Inc and China's CRRC Corp Ltd has won a 1.79 billion yuan ($271-million) contract to build a monorail line for a Chinese city, the Canadian transport giant said on Monday.

Bombardier said in a press release that CRRC Puzhen Bombardier Transportation Systems Limited won the contract to supply Wuhu city in eastern China with its automated Innovia monorail system and 240 cars, the unit's first monorail contract in China.

"We are confident that the monorail will become an icon for Wuhu city and we will see more Bombardier monorail systems in other Chinese cities in the future," said Bombardier China President Zhang Jianwei in the statement.

Full Story - Globe and Mail Inc. 12/18/17