REPUBLIKA.CO.ID, DHAKA -- Indonesia's state-owned railway manufacturer PT INKA has signed a contract with Bangladesh Railway here, June 20, for the procurement of 50 Broad Gauge (BG) train carriages.
The contract document was signed by PT INKA President Director Agus H. Purnomo and Bangladesh Railway's Additional Director General of Rolling Stock Md. Shamsuzzaman, the Indonesian Embassy in Dhaka noted in a statement posted on the Indonesian Foreign Affairs Ministry's official website, here, Friday.
The signing of the contract was witnessed by Minister of Railways of Bangladesh Md. Mazibul Hoque, MP.
In his speech, Bangladesh's minister of railways praised the quality of train carriages manufactured by PT INKA. He also lauded PT INKA's timeliness in delivering train carriages so far. The 50 train carriages, with a stainless steel superstructure, will be supplied within 24 months.
The signing of the contract is a follow up to PT INKA winning the bid on April 24, 2017, to supply 50 BG train carriages. PT INKA emerged as the lowest bidder, beating the price offered by Rites Limited from India.
Recently, on June 11, 2017, PT INKA again stood out as the winning bidder for the procurement of train carriages in Bangladesh. PT INKA won over rivals -- Rites Limited of India and CRRC Changcun of China -- in the procurement of 200 Meter Gauge train carriages.
The signing of the contract for the 200 train carriages is planned in July or August 2017.
As the first fully integrated rolling stock and automotive manufacturer in Southeast Asia, PT Inka has targeted to export its products to developing countries, particularly in South Asia and Africa.
Last year, PT Inka had exported a shipment of 150 Shovon-type passenger carts ordered by Bangladesh Railways in a deal worth US$73 million. The coaches were made by the Indonesian company to specifically cater to Bangladesh's needs.