BOMBARDIER Sifang (Qingdao) Transportation Ltd. will increase capital by US$40 million, taking the total investment to US$171.39 million and becoming the city’s first major project with investment of more than US$100 million this year.

    The company attracted investment from Sifang Locomotive and Rolling Stock Co. Ltd., and Bombardier Corp. The main business includes designing and manufacturing high-end coach, electric trains and high-speed trains, helping Qingdao to become a national base for high-speed trains.

    (Wang Yuanyuan, Zhou Jianliang)