Hitachi : Begins Shipment of Trains from Kasado Works for the Thailand Bangkok Red Line Project
September 25, 2019 at 02:08 am EDT
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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
Rolling stock loaded for shippment
Tokyo, Japan, September 25, 2019 --- Hitachi, Ltd. ('Hitachi') announced today that it has begun shipment of the first and second completed rolling stocks from Kasado Works in Kudamatsu City, Yamaguchi Prefecture for Bangkok Red Line Project for State Railway of Thailand. This contract was awarded together with Mitsubishi Heavy Industries, Ltd. and Sumitomo Corporation on March 30, 2016. In total 25 train sets (130 rolling stocks) will be shipped out from Hitachi by the end of June 2020.
In Thailand, the population is mostly dependent on automobile transportation; as a result, traffic congestion, as well as air pollution from the automobiles is getting severe. Therefore, demand for the transportation infrastructure, which achieves mass transit and low carbon, is increasing.
Red Line Project is one of the infrastructure investment programs ('Mega Projects') which the Thai Government is leading. From Bang Sue Station, located in the center of Bangkok, 26.4 kilometer line to the north (North Line) and 14.6 kilometer line to the west (West Line) the project will be constructed as a fully elevated rail system. North Line is being constructed using the JICA's International Yen Loan, and West Line is being constructed using the Thai Government's own fund.
The shipped rolling stocks will be delivered to Bangkok in October 2019, and the running test will be started from January 2020. Hitachi will contribute to continuous growth of Thailand by delivering rolling stocks which realize safe, reliable, and low carbon mass transit rail systems.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company's consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer's social, environmental and economic value. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.
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Hitachi Ltd. published this content on 25 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 September 2019 06:07:00 UTC
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).