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Skoda signs tram license deal with China

Discussion in 'On Track.' started by News, Jun 4, 2013.

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  1. News

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    Škoda Transportation has inked a deal with CSR Sifang for the production of 400 ForCity trams.

    The contract, which could be worth as much as CZK5 billion, provides Skoda Transportation with a a 10-year license to manufacture the vehicles.

    Thomas Kršek, chairman of Škoda Transportation, said: “China currently has an elaborate plan for investment in the public transport sector. Therefore, the local market [is] very interesting for us.”

    The ForCity tram features a swivel chassis and is already in operation in Prague and Riga.

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