LSIS to modernize Bangladesh railway
July 28, 2016
[THE INVESTOR] LS INDUSTRIAL SYSTEMS (LSIS), an LS Group affiliate that specializes in power solution and automation, has won a US$16.1 million contract to modernize the railway system in Bangladesh, it announced on July 28. Over the next four years, LSIS will provide electronic systems that includes signals and communication to improve a railway that runs 72 kilometers near Bangladesh’s border with India. Railway system in Bangladesh / LSISThe order for the turnkey project came from CTM JV, a p