Turkey, US sign deal to manufacture 30 locomotives

Turkey's Transportation Minister Binali Yildirim met U.S. Secretary of Transportation Ray LaHood in the Turkish capital of Ankara.

Turkey, US sign deal to manufacture 30 locomotives

Turkey's Transportation Minister Binali Yildirim met on Wednesday U.S. Secretary of Transportation Ray LaHood in the Turkish capital of Ankara.

"For investor ministries like ours, the only remedy of the economic crisis is to continue investments," Yildirim told a joint press conference with Lahood.

Yildirim said however, the remedy of the crisis was to cut down expenditures according to ministries managing the economy.

"Ensuring a balance between these two is the most correct solution," Yildirim said.

Yildirim said Turkish and U.S. companies could cooperate not only in each other's countries but also in other countries.

"My ministry aims to boost our relations with the United States, particularly in aviation, railways and communication," Yildirim also said.

U.S. Secretary LaHood said the aim of his visit was to observe Turkey's experiences, particularly in high-speed train project.

Lahood said he received information about the tunnel project, and visited Turkish Airlines (THY) headquarters in Istanbul.

The U.S. secretary also said he was impressed with the success of THY, which was offering first-class airline service to Turkey and to the entire region.

After the press conference, Turkish Locomotive and Engine Industry Corporation (TULOMSAS) and General Electric company signed a contract for manufacturing 30 locomotives at TULOMSAS facilities.

With an annual production capacity of 60 locomotives, 10 railway maintenance cars, 500 bogie freight cars, 100 various type diesel engines, 100 alternators, 400 traction motors and 2500 tons steel and iron castings can TULOMSAS is the only locomotive supplier in Turkey operating as an affiliated company of the Turkish State Railways Administration (TCDD).


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Güncelleme Tarihi: 01 Temmuz 2010, 12:00

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