China South Locomotive & Rolling Stock Corporation (CSR) will enter the competition to supply high-speed trains for the newly built rail link in California.
CSR’s domestic rival China Northern Railways (CNR) has already submitted its expression of interest in the first Chinese attempt to export its high-speed train technology developed during the construction of the country’s 12,000 high-speed rail network, which is currently the largest in the world.
The two Chinese companies will likely compete against some of the world’s top train manufacturers including Germany’s Siemens and Japan’s Kawasaki,
“The US is a market that we have been closely watching for many years," said an official from CSR's publicity department. "So when they requested expressions of interest we quickly notified them of ours."
The spokesperson hinted the company may consider designing a completely new high-speed train based on the specification of Californian officials but would most likely offer its CRH380A vehicle, which can travel up to 380 km/h.
The spokesperson said CSR would be part of a group of companies including national track operator China Railway Corporation and China Railway Construction planning to pay a promotional visit to the United States at the end of this month. Officials at China Railway Corporation and China Railway Construction were not immediately available to comment. China Railway Corporation is not part of China Railway Group.
Train manufacturers were expected to send in expressions of interest to the California High Speed Railway Authority by 22 October. The authority will later issue formal requests for proposals. About a dozen firms from places such as Japan and Spain are expected to compete, the authority said.
Separately on Thursday, CSR's rival CNR said on its website that it had been awarded a contract from Massachusetts to build 284 trains for the country's oldest subway system, the first win for a Chinese railway equipment maker in the United States.
Local US media reports said the contract was worth $566.6 million.
Shares in CSR have risen 26 per cent since the start of the year while CNR's have gained 49 per cent. The benchmark Hang Seng index declined 0.1 per cent.