The Contract Signed Between GZZC and Sudan Railway Corporation

2004-04-13

The contract signing ceremony was performed on Mar.04, 2004. The Minister of Economy Ministry of Republic of Sudan and the President of Sudan Center Bank attended this ceremony.  The contract covering US$35,000,000.00 (US Dollar thirty-five million) of locomotive & rolling stock was signed by the representatives of both parties, Mr. Robert  Peng, the manager of International Business Dept. of GZZC, and Mr. Omer M.M. Novr, the general manager of Sudan Railway Corporation.

The International Business Dept. of GZZC was organized at the beginning of 2003, through a lot of hard work we have established good business relationship with the concerning railway corporations in Sudan and Iran, etc. The above-mentioned contract is a witness of our progress  which we have achieved through one year.

The year of 2004 is the 45^th anniversary of establishing diplomatic relation between China and Sudan. In March, the Minister of Sudan Economy Ministry led a high rank delegation to visit China, By such background, we signed the above-mentioned contract.

At present, China South Locomotive & Rolling Stock industry (Group) Corporation have given enough support to this contract and they will manufacture the regarding equipments under this contract.