TCDD Agreement with Hyundai Rotem

TCDD Hyundai Rotem
TCDD Hyundai Rotem

I Electric Locomotive and Simulator Procurement Agreement omot was signed with TCDD and Hyundai Rotem on 20 Monday 2010 Monday.

TCDD General Director Süleyman Karaman in his speech at the signing ceremony, said that further consolidated the friendship between Turkey and South Korea; one of the targets, by providing domestic and foreign private sector development, the development of the railway industry, our country is turned into a railway vehicle production center, since the works carried out since 2004, the domestic foreign private sector very nice investments have been realized.

South Korea and Adapazari High-Speed ​​Railway Factory, Germany and Erzincan Rail Connection Factory, production of rail in Kardemir, Austria and Çankırı High Speed ​​Train Scissors Factory, America and Tülomsaş locomotive production are just a few examples of good cooperation in this field, Karaman said: “We hear the happiness of adding a new ring to this cooperation. The electric outline locomotives manufacturing and procurement project, which has been in the investment program of our company for many years and has not been finalized since the 1996, has been included in the investment program of 2010 year. In this context, approximately 65 portion of the project's financing source was made from the Islamic Development Bank (220 million USD) and the remaining% 35 part was procured on the date of 110 to be covered by shareholders' equity (15.07.2010 million USD). Total cost of the project is 330 million USD. 8 company participated in the tender. As a result of the evaluation of the offers, the most advantageous bidder, HYUNDAI-ROTEM (312.789.438,08 USD) and the second most advantageous bidder, BOMBARDIER (370.321.350,00 USD) were determined. As a result of the tender, the most advantageous tenderer, HYUNDAI-ROTEM, has been awarded with an 312.789.438,08 USD price. 20.12.2010 electric locomotive will be produced at the factory and delivered to TCDD. Balance 8 electric locomotive will be produced and delivered in TÜLOMSAŞ General Directorate factories. 72 first party locomotives starting from the date of commencement of the project according to the delivery schedule. At the end of the month, the last party locomotives are 26. will be delivered at the end of the month. sonunda

TCDD General Manager Suleyman Karaman, related to the locomotives to be produced, recently visited China-Hyundai-Rotem officials during his visit and said that the locomotives were very good information about the comfort of the interior, he added.

Hyundai Rotem's Vice President and CEO Yeo Sung Lee of Hyundai Rotem reminded the former Korean proverb that the seeds of this important project were laid in the beginning of 2007 and suffered from a long-term labor. Lee, Hyundai Rotem'e, as well as their efforts and the cooperation with TCDD and TULOMSAS, as well as these locomotives will be another pride of TCDD said. . I want to talk about the development of Eurotem in Adapazarı. me every time President Karaman should Eurotek enlargement and 'Eurotek manufactured in edilmiştir's' were manufactured in Turkey' for not necessarily mean a higher level of localization ratio has said that there should be, "he said.

After the speeches, TCDD General Manager Süleyman Karaman and Hyundai Rotem Group Vice President and CEO Yeo Sung LEE signed the Contract. Hundai Rotem Senior Vice President Gil Young CHUNG, Eurotem General Manager and Rotem Istanbul Branch General Manager Jeong Hoon KIM, Executive Vice President -International Sales Dept.Boo Yong CHUN and HACO Company officials and TÜLOMSAŞ General Manager Hayri Avcı attended the ceremony after Hyundai A new gift was presented to TCDD General Manager Süleyman Karaman in memory of the day by Rotem Group Vice President and CEO, Yeo Sung Lee.

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