Thursday 21st April 2011
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KiwiRail said Hyundai Rotem Company and a group comprising Construcciones y Auxiliar de Ferrocarriles SA and Mitsubishi Corp are vying to build new electric trains for the Auckland network.
The two are on a short list and the preferred bidder will be selected by the end of the third quarter of this year.
A total of $500 million has been allocated for the purchase of new trains, maintenance and storage depots.
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