Mitsui & Co wins $173-mn rail equipment contract

Mitsui & Co has won a contract of about 18 billion yen amounting to $173.2 million to supply an Indian railway with maintenance equipment. The Japanese trading house informed that the development is yet another step in its strategy to expand infrastructure exports to Asia. The contract with the Dedicated Freight Corridor Corporation of India, run by the Indian Ministry of Railways, cover areas of the Western DFC line between Delhi and Mumbai. Mitsui & Co. is to supply 22 types of equipment, 203 pieces in total, used for maintaining rails and overhead wires including handling design, manufacturing and staff training. The trading house since 2016 has been laying track and doing civil engineering tasks for the cargo-only railway. With the newest contract, its sixth for the railway, total orders Mitsui has received for the project amount to about 182 billion yen. Mitsui & Co., which is working to expand its infrastructure exports to Asia, is also involved in an Indonesia project, specifically with Jakarta's subway. The Western DFC Project is backed by India and Japan, and many Japanese companies are involved in developing the infrastructure for the mega railway project.