TOKYO -- Hitachi has received an order valued at about 44.3 billion New Taiwan dollars ($1.44 billion) to deliver about 600 train cars to Taiwan starting in 2021.
The Japanese manufacturer on Tuesday inked the contract with the Taiwan Railways Administration, which manages the island's train network. The deal calls for 50 trains of 12 cars each -- nearly half of the planned fleet overhaul the government announced in 2015.
