China Railway Rolling Corporation to Invest in CPEC

China Railway Rolling Corporation (CRRC) Tangshan has shown keen interest to invest in Pakistan under China Pakistan Economic Corridor (CPEC) by supplying products and services for Pakistan Railways, Director Overseas Targeted Publicity Corporate Culture Department Hu Rui told media delegation on Monday. Briefing the media delegation of South Asian and South East Asian countries, Hu Rui told that the CRRC has a great potential and was concentrating on bundle of opportunities to enhance its operations in the countries receiving Chinese investment under Belt and Road Initiative (BRI). She told that the CRRC has already tabled the bid for providing 230 modern coaches to Pakistan which will upgrade the country’s railway. On the basis of learning from international first-class enterprises for their advanced management ideas and methods, CRRC Tangshan takes standardization construction as the core and adopts five implement approaches including business system optimization, large technical system, large quality system, standardized factory and information conception, said Hu Rui. CRRC Tangshan which is China’s first railway equipment factory founded in 1881 has created numerous number ones in the industry and left deep front in the history of China’s machinery industry, told Hu Rui. She went on to say, the railway vehicle products (family & platform) researched and developed by CRRC Tangshan take the important duty for domestic railway passenger transportation, the products are as the fashion choice of city railway transportation.