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CNR on straight line to success in emerging markets

By Zhong Nan | China Daily | Updated: 2014-04-29 09:00

CNR on straight line to success in emerging markets

African nations are driving the fast growth of China's major producer of rolling stock, Zhong Nan reports

The global market share of China CNR Corp Ltd, one of the country's top train manufacturers by production capacity, is being lifted by surging orders from emerging economies that are upgrading their rail systems to expand services and improve trade logistics.

Opportunities include an upgrade of the Rio de Janeiro Metro in Brazil ahead of the 2014 FIFA World Cup and the 2016 Summer Olympics, construction of a light-rail system in Addis Ababa, Ethiopia and a number of railway projects in South Africa, Nigeria, Argentina, Turkey and Uzbekistan.

CNR on straight line to success in emerging markets

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