Thursday, October 31
China’s CRCC, the railroad construction giant, and Ukrzaliznytsia signed a memorandum of cooperation on Monday
Tuesday, January 21, 2020
China’s CRCC, the railroad construction giant, and Ukrzaliznytsia signed a memorandum of cooperation on Monday. Goals are to modernize Ukraine’s rail system and to promote Ukraine as a rail transit country for China’s trade with the EU. Ukrzaliznytsia is currently evaluating Chinese electric locomotives for what could be a $1 billion deal. At the signing ceremony, Wang Hongwei, deputy general director of CRCC, said his company will open an office in Kyiv this year.