CHICAGO, March 16 (Xinhua) -- The investment by Chinese firm CRRC Sifang in Chicago will bring more job opportunities and contribute to the local economy, said Cui Tiankai, the Chinese Ambassador to the United States, in a letter to congratulate a new railcar assembly plant Thursday.
Cui hailed the investment as "a new way of cooperation between China and the United States, and will certainly be followed by many more in the future."
As the investor, China Railway Rolling Stock Corporation (CRRC) Sifang America held a ground-breaking ceremony for a railcar assembly plant in Chicago's Southeast Side on the day.
Many distinguished guests, including two U.S. senators, Chicago Mayor Rahm Emanuel and Chinese Consul General in Chicago Hong Lei all showed up at the ceremony to give their congratulations.
CRRC Sifang America in 2016 won a 1.3-billion-dollar contract to supply 846 new 7000 Series railcars to Chicago Transit Authority (CTA) to replace nearly half of the agency's current railcar fleet.
As part of its proposal to the CTA, CRRC Sifang America committed to assembling the railcars in Chicago, creating some 170 new jobs for local residents.
Chicago Mayor Emanuel hugged CRRC Corporation Ltd. Vice President Sun Yongcai, saying the new facility in Chicago will bring economic development to the Southeast Side, "creating good-paying jobs for hundreds of workers."
"Construction and operation of the plant will provide many job opportunities for Chicago, and bring back to Chicago the manufacturing of railcar which left the city 36 years ago," said Hong.
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