SEOUL, June 30 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Friday it has received a 1.2 trillion-won (US$910 million) order for railway trains in Australia.
Australian railway company Downer signed the railway train deal with Queensland, Australia’s second-largest state, and Downer subcontracted the project to Hyundai Rotem, the company said in a statement.
The Queensland state government pushes the Queensland Train Manufacturing Program to meet a rising demand for rail transportation and to promote the local manufacturing industry in the coming 10 years, it said.
Hyundai Rotem said it plans to deliver railway trains to Queensland from the end of 2026 through 2032.
(Yonhap)