Set to open its first factory in Brazil, Spain’s Construcciones y Auxiliar de Ferrocarriles (CAF), is also interested in the competition for the design of high-speed train (HST), linking Rio de Janeiro to Sao Paulo and Campinas. Now, CAF assures about US$ 6,3 bn in requests of railroad equipment for several world regions.
“We do have interest in the project of Brazil’s HST, because it fits the profile of the company’s products,” said Paulo Fontenelle, president of CAF, during a seminar of infrastructure organized by the Official Spanish Chamber of Commerce in Brazil. Among the specialties of the multinational company, are included in the equipment production the light rail trains (LRT), short distance trains, 2014 World Cup and the Olympics Games of 2016 in Brazil, which will trigger new expansion plans focused on urban mobility and can even generate opportunities for the Spanish train manufacturer.
“We have already in Brazil the commitment to produce cars for São Paulo’s subway and the Companhia Paulista de Trens Metropolitanos (CPTM)”, added CAF’s president. Fontenele refers to the bid conquered by company to supply more than 50 trains for the rail transport system in Sao Paulo, 40 of those to be delivered for CPTM and the remaining 17 for São Paulo’s subway.
It is expected that the manufacturing plant of CAF, under construction in the city of Hortolandia, countryside of São Paulo, will be ready in January 2010. There, it will be invested about US$ 86 million to meet initial demand. Hortolandia’s factory is the first unit of the company in Latin America. “It will be one of the most modern trains factories of the Americas”, added the president of CAF.
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Overall, the group has three factories in Spain and one in the United States, by placing among the largest world railroad manufacturers of railway equipment of the world. The business is distributed through commercial subsidiaries in regions of Europe, Africa and Asia. Altogether the company’s projects are spread over 30 countries. Practically half the contracts that company has today are linked abroad. One of the most representative stays in Turkey.
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