SIEMENS AG AGREES TO DELIVER 6 HIGH-SPEED TRAIN SETS TO DUTCH

SIEMENS AG AGREES TO DELIVER 6 HIGH-SPEED TRAIN SETS TO DUTCH

The Transportation Systems Group of Siemens AG said it has signed a letter of intent to deliver six high-speed train sets to Dutch Railways in a contract valued at 210 million deutsche marks ($141 million).

If it becomes a firm order, the deal would mark the first exports from Germany of trains employing InterCity Express (ICE) technology, Siemens said. Such trains have been operating inside Germany for several years.A consortium called High Speed America that includes Siemens has submitted a proposal to Amtrak to sell 26 high-speed train sets - the railcars and accompanying power systems - for the Northeast Corridor. Amtrak has postponed a decision on that offer several times, but is now expected to decide in January.

If it receives the order, the consortium would build all 26 sets in the United States, said Maria Kibby, a Siemens spokeswoman in New York.

The trains ordered by Dutch railways will serve on international routes connecting Amsterdam with Frankfurt or Berlin. Designed for a maximum speed of 205 miles an hour, the trains are faster than the first-generation ICEs, which operate in Germany at up to 175 mph.

Higher speeds are possible thanks to faster acceleration and reduced weight, said Siemens, which will manufacture the new trains in cooperation with its subsidiary, Duewag AG.

Production is scheduled to begin in January 1996, with first delivery planned for the end of 1998. The letter-of-intent includes an option for additional trains.