Sumitomo Corp. and Nippon Sharyo Ltd. Win Order for Train Cars to Be Used for Indonesia's First Subway Line
March 03, 2015 at 03:10 am EST
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Sumitomo Corp. and Nippon Sharyo Ltd. announced that they have jointly won an order for train cars to be used for Indonesia's first subway line. Under the contract, worth ¥13 billion, 96 subway cars will be supplied for the North-South Line of the Jakarta Mass Rapid Transit system by the time the line opens in May 2018.
The subway system in the Indonesian capital of Jakarta has been developed partly with yen loans from the Japanese government. Sumitomo and Nippon Sharyo have so far jointly supplied railcars to the United States and Taiwan.
NIPPON SHARYO,LTD. is a Japan-based company mainly provides railway vehicles, transportation equipment and steel structures, construction machinery, engineering, and other manufacturing, construction, sales and incidental services. The Company operates through four business segments. The Railway Vehicle segment manufactures and sells railway vehicles such as electric trains and railcars. The Transportation Equipment and Steel Structure segment manufactures and sells transportation equipment such as wagons, tank trucks and large land vehicles, and manufactures, installs and sells road bridges and railway bridges. The Construction Machinery segment manufactures and sells pile driving machines, portable diesel generators, emergency power generators and others. The Engineering segment manufactures and sells vehicle inspection equipment, farming plants, and paper-related equipment. The Company also manufactures and sells laser processing machines, railway goods, and rents real estate.
NIPPON SHARYO, LTD. 
