# Jiangsu Railteco Equipment starts building rail transit components base in Zhangjiagang

Jiangsu Railteco Equipment Co commenced construction of an intelligent production base for rail transit core components in Zhangjiagang, Jiangsu province. The project involves a total investment of 500 million yuan ($69.04 million) and will have an annual capacity of 200,000 units.

- Type: New facility
- Announced: 2024-10-23
- Where: Zhangjiagang, Jiangsu, China
- Value: $69.0M (500.0M CNY)
- Starts operating: Q1 2026
- Status: under construction
- Capacity: 200,000 units per year
- Products: rail transit core components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jiangsu Railteco Equipment Co](https://endata.com/companies/80815.md)

## Sources

- [jiangsu.chinadaily.com.cn](https://jiangsu.chinadaily.com.cn/zhangjiagang/2024-11/01/c_1047215.htm), 2024-11-01: "The project involves a total investment of 500 million yuan ($69.04 million) and aims to establish 10 intelligent production lines dedicated to manufacturing core components for the rail transit sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.