Shanghai to build Maglev factory

A plan to build a low-speed Maglev train factory in Nanhui was announced at a seminar organized by the Shanghai Committee of the Chinese People’s Political Consultative Conference.

The manufacturing base will be built using investments worth US$42 million, and will span 230,000 sq m. Shanghai officials told sources the new trains will enhance the urban railway system. Compared with the city’s first maglev train, which runs from Longyang Road and ends at Pudong International Airport and boosts a maximum speed of 430 kmh, the new trains can only run up to 100 kmh, are comparably quieter and uses less fuel.

Sources report that the base, together with a 330,000 sq m coal-mine machinery base and a 40,000 sq m wind-power generator base, will be located near Lingang New City, which opened in March 2006.

Shanghai’s vice-mayor announced that US$7.31 billion would be invested in the development in Lingang New City.

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