MANILA -- Japanese trading house Sumitomo and a unit of East Japan Railway won an order from the Philippines on Friday worth just over $600 million for 304 rail cars, part of a commuter line extension connecting Manila with cities to the north and south.
Business deals
$600m Philippine rail car order won by Japan's Sumitomo, JR East unit
Manila commuter line intended to reduce traffic, pollution
A rail car covered by the contract is displayed at an event celebrating the deal. (Photo by Yuichi Shiga)
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