Joint Operation
In December 2011, a memorandum of understanding has been signed between PT Kereta Api Indonesia and Bombardier Transportation AG related with final assembly of diesel-electric TRAXX Asia Locomotives in Surabaya, East Java begins in early 2012 for Southeast Asia market, including for PT Kereta Api itself.
In early March 2012, both parties GE Transportation and PT Kereta Api Indonesia have announced the signing of a Memorandum of Understanding about services and cooperation. All services will be done in Indonesia by Indonesian workers and makes Traction Motor Remanufacturing Center to serve all ASEAN countries.
Read more about this topic: PT Kereta Api
Famous quotes containing the word joint:
“There is no such thing as “the Queen’s English.” The property has gone into the hands of a joint stock company and we own the bulk of the shares!”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)