Engine of South America’s rail networksed railway projects are

China Railway Rolling Stock Corp or CRRC, the world’s largest railway vehicle manufacturer by sales revenue, is riding an export boom of late.

It exported its electric multiple units or EMUs to Brazil in 2012. This was followed by or

ders for EMUs and freight trains to Chile last year. The company will work with Argentina to revamp the So

uth American country’s aging rail network, including both passenger and cargo trains.

It is now eager to enhance its ability to offer a clutch of railway services as many count

ries have surging demand to either upgrade or expand their railroad networks.

Countries are acutely aware that modern railway networks can support trade, investment and to

urism. This is particularly true for countries in South America, Central Asia, Southeast Asia and

Africa that are participating in the Belt and Road Initiative, according to Lou Qiliang, CRRC’s vice-president.