ZCZC
BSS-31
RAILWAY-PROCUREMENT
BR signs MoU with Korean company to buy 70 locomotives
DHAKA, Oct 10, 2018 (BSS) – Bangladesh Railway today signed an agreement
with Korean Hyundai Rotem for procuring 70 meter gauge locomotives.
Project Director Abdul Matin Chowdhury and Director of Global Rail
Hyundai Rotem Kwang-Kwun Yoon signed the deal on behalf of their respective
sides at Railway Bhaban here.
Railway Minister M Mazibul Hoque was present at the signing ceremony as
the chief guest. The minister in his speech said the government has
undertaken various projects to procure engines to make the railway modern
mode of transportation.”
“This is an important agreement for Bangladesh Railway as the railway
would be able to operate more trains on different routes across the country
and earn additional revenue after the procurement of the locomotives,” he
said.
President and Chief Executive Officer of the company Seung Tack Kim,
railways secretary M Mofazzal Hossain, director general of Bangladesh Railway
M Kazi Rafiqul Alam and officials concerned were present.
BSS/ASG/SAS/RY/1735 hrs