Hong Kong Railways Tenders

The Hong Kong railways market is a dynamic and growing sector, with a total market size of approximately HK$40 billion (US$5.1 billion) in 2022. The market is driven by a number of factors, including the government's commitment to expanding the railway network, increasing passenger numbers, and the need to upgrade and maintain existing infrastructure.

The Hong Kong government is the largest single purchaser of railways products and services in Hong Kong. In 2022, the government spent approximately HK$20 billion (US$2.5 billion) on railways procurement. The government procures a wide range of products and services, including rolling stock, signaling systems, trackwork, and maintenance services.

The main railways products and services procured by the Hong Kong government include:
Rolling stock: The government procures a variety of rolling stock, including trains, locomotives, and carriages.
Signaling systems: The government procures signaling systems that control the movement of trains on the network.
Trackwork: The government procures trackwork that is used to construct and maintain the railway network.
Maintenance services: The government procures maintenance services to ensure that the railway network is safe and reliable.

The top authorities for Hong Kong railways procurement are:
MTR Corporation: The MTR Corporation is the main operator of the Mass Transit Railway (MTR) network in Hong Kong. The MTR Corporation is responsible for procuring a wide range of products and services for the MTR network.
Transport Department: The Transport Department is the government agency responsible for overseeing the transport system in Hong Kong. The Transport Department procures a variety of products and services for the railway network, including signaling systems and trackwork.
Kowloon-Canton Railway Corporation: The Kowloon-Canton Railway Corporation (KCRC) is the operator of the East Rail line, which connects Hong Kong to mainland China. The KCRC procures a variety of products and services for the East Rail line.

The top winners of Hong Kong railways procurement include:
Siemens: Siemens is a German multinational conglomerate company that specializes in electronics and electrical equipment. Siemens is a major supplier of signaling systems and rolling stock to the Hong Kong railways market.
Alstom: Alstom is a French multinational company that specializes in transport manufacturing. Alstom is a major supplier of rolling stock to the Hong Kong railways market.
Bombardier Transportation: Bombardier Transportation is a Canadian multinational company that specializes in rail transportation equipment. Bombardier Transportation is a major supplier of rolling stock to the Hong Kong railways market.
China Railway Signal & Telecommunication Co., Ltd.: China Railway Signal & Telecommunication Co., Ltd. (CRSTC) is a Chinese state-owned company that specializes in railway signaling systems. CRSTC is a major supplier of signaling systems to the Hong Kong railways market.
Longji Group: Longji Group is a Chinese state-owned company that specializes in railway construction. Longji Group is a major supplier of trackwork to the Hong Kong railways market.

Tags -
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