64▓7 million-U.S.-dollar contract to purchase 282 rail cars from a Chinese company.Under the contract, LA Metro will firstly pay 178 millio
n dollars for 64 rail cars built by China Railway Rolling Stock Corporation (CRRC) to upgrade the U.S. county's subway system.Of the first▓ b
atch of HR 4000 rail cars to be delivered by September 2021, 30 will replace t▓he 25-year-old Red and Purple Line trains and 34 will serve the Purple Line Exten▓sion that is expected to open in 2023."We antic
ipate there will be 50,000 weekday boardings once all seven new stations are built, and there ▓will be nearly 80,000 new daily trips on thi
s entire Metro rail system as a r▓esult of the opening of the Purple Line Extension," LA Metro CEO Phillip A. Washington said at a signing ceremony."We are going to need the
se trains to meet our future ridership dem▓and," he added.A new facility will also be purchased in the LA region to manufacture major components for propulsion, heating, ventila
tion, air conditioning ▓and lighting systems.Therefore, the contract will create about 50 jobs generating up to 38 million dollars in local wages and benefits.
About 10 percent of all the new jobs will be created for disadvantaged workers and workers from lower social economic communities."We work with the local compa
nies, local government and local educational institutions to create a win-win situation," CRRC President Xi Guohua told Xinhua."We will ▓create job opportunities, increase tax revenue and stimulate the local economy through o▓ur partnership and collaborations," he said.As required by LA Metro, the new trains will run up to 120 kph and can be in service