11:53 Jul. 12, 2016
Foreign manufacturers of railway equipment interested in providing their products to Ukraine
American Diversified Corporation General Electric, a manufacturer of many types of equipment, including locomotives, will soon provide Ukraine with its locomotive for testing it on local railways, Volodymyr Omelyan, Ukraine's Infrastructure Minister said, according to Ukrainian media.
"We are finalizing an agreement on testing a locomotive. I think, we will sign the deal either this or the next week. Afterwards, the locomotive will be delivered to Ukraine for a six-month test", Omelyan said.
He also added that he is preparing a memorandum on cooperation with General Electric, similar to the memorandum inked with the Canadian company Bombardier on July 11, which envisages setting up a joint venture in Ukraine to produce locomotives and other equipment.
The Minister said that foreign manufacturers of railway equipment are interested in delivering its products to the Ukrainian market. However, Ukrainian state-owned railway network operator Ukrzaliznytsia should develop a five-year plan to upgrade and modernize the vehicle stock. According to Omelyan, the corresponding document is being developed.
Ukrainian state-owned railway network operator Ukrzaliznytsia (UNIAN Photo)
The plans to attract Canadian Bombardier to manufacture locomotives in Ukraine were announced in May this year. Volodymyr Omelyan earlier said that Bombardier and General Electric planned to deliver their locomotives to Ukraine to test them for three-six months.
Bombardier is the world's leading manufacturer of both planes and trains.
General Electric is the American Diversified Corporation, manufacturer of many types of equipment, including locomotives, power plants (including nuclear reactors), gas turbines, aircraft engines, medical equipment, household appliances and lighting equipment, plastics and sealants.