Evidence? At that price of $60mln we get more than 3 sets (of 6 cars each) of ITX-Saemaul EMUs ! Check the price of one in this report.
Korail orders 34 EMUs from Woojin
Sep 12, 2018
Written by
Andy Tebay
KOREAN national train operator Korail has awarded Woojin Industrial Systems, Korea, a $US 250m contract to supply 34 EMU-150 trains for ITX-Saemaul services on the Gyeongbu, Honam and Jeolla lines.
Woojin will deliver a total of 150 cars to Korail.
Woojin will deliver a total of 150 cars by mid-2021, with the order comprising 27 four-car and seven six-car EMUs.
The EMU-150s are designed for 165km/h running, but will operate at a maximum speed of 150km/h.
This the first time Woojin has secured a contract for intercity trains on Korail’s network, which has been dominated by Hyundai Rotem vehicles until now.
“This will be a great opportunity for us to expand our rolling stock business to other markets once the vehicles have been delivered successfully,” a spokesperson for Woojin told IRJ. The company says it is also looking at other opportunities in southeast Asia.
In addition to the order from Korail, Woojin recently secured a $US 20m contract to supply six two-car light metro trains for Incheon Line 2. Deliveries will be completed by June 2021.
Korail orders 34 EMUs from Woojin - International Railway Journal