DUESSELDORF, Germany Feb 27 German rail
technology provider Vossloh won a contract to supply
fastening systems for 270 kilometres (168 miles) of rail lines
in Mongolia, its first from the Asian country.
The contract is worth only 20 million euros ($27 million),
Vossloh said on Thursday, but added that it hopes it will be the
first of many contracts from Mongolia, which is planning new
rail lines with a total length of 5,500 kilometres in the coming
Delivery of fastening systems for the route connecting
Mongolia's massive Tavan Tolgoi coal mine with the Chinese
border will begin in a few weeks and be completed in the first
half of 2015.
($1 = 0.7317 euros)
(Reporting by Anneli Palmen; Writing by Maria Sheahan; Editing
by Victoria Bryan)