Wabtec helps Pakistan meet locomotive needs

WASHINGTON:

The world’s leading railway company, Wabtec, has shown keen interest in continuing its existing partnership with Pakistan and helping Pakistan Railways meet its locomotive needs.

In a statement released on Saturday, Pakistan’s Ambassador to the United States, Masood Khan, said Pakistan offers huge opportunities for foreign investors and the world’s leading railway companies to enter into a mutually beneficial partnership in the modernization process. of the Pakistani railway network.

The Ambassador was in conversation with a delegation from Wabtec who visited him at the Pakistani Embassy. Wabtec is a global provider of equipment, systems, digital solutions and value-added services for the rail freight and transit industries.

“While we greatly appreciate the level of cooperation that exists between Wabtec and Pakistan Railways, particularly in engineering and railway services, we look forward to benefiting from the company’s expertise in the modernization of railway networks and the indigenization of locomotive manufacturing in Pakistan,” the Ambassador said. .

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Ambassador Masood argued that the critical role played by rail networks in the country’s transportation system and the emerging needs of a growing economy are creating “huge opportunities” in different areas of the rail sector.

The delegation briefed the Ambassador on its decades-long business experience in Pakistan, areas of cooperation with Pakistan Railways and future plans to meet the needs of the country’s fleet.

They also informed the Ambassador of the qualitative advantage that the company retains, especially in the areas of digitization of locomotives, control and safety, signaling traffic, route optimization and use of hybrid technology to power locomotives.

The delegation informed Ambassador Masood that Wabtec in the past had supplied 153 locomotives to Pakistan Railways and helped Pakistan Railways to improve its engineering and railway services.

Ambassador Masood welcomed their interest and said the government is committed to providing all possible facilities for international investors and major business enterprises to undertake profitable business ventures in Pakistan.

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