Russia and Iran signed the EUR 1.2 billion electrification contract
On March 28, RZD International and Iran Railways signed the contract for electrification of the Garmsar – Inche Bouroun railway […]
Asia Leads
United Wagon Company acquires shares in First Heavy Haul Company
United Wagon Company (UWC) has completed its acquisition of shares in “First Heavy Haul Company” JSC established by Industrial Investors […]
Azerbaijan and Uzbekistan sign agreement on railway cooperation
Azerbaijan Caspian Shipping, Azerbaijan Railways and Uzbekistan Railways have signed an agreement on expansion of bilateral cooperation in the railway […]
ADB to submit Azerbaijan Railways considerations on North-South Corridor project
The Asian Development Bank expects the feasibility study for evaluation of the project on financing of the North-South Railway Corridor, […]
Transmashholding to build wagons in Iran
Industrial Development and Renovation Organization of Iran (IDRO) and Transmashholding signed an agreement to build railway wagons in Iran. According […]
Dubai: RTA inspects concrete molds for Route 2020
Dubai Rail Agency, Roads and Transport Authority (RTA) has begun inspecting work progress as well as the compliance with the […]
Indonesia: partial state funding for Makassar-Parepare railway project
The Indonesian government will only partially fund the development of the Makassar-Parepare railway in South Sulawesi that may cost Rp […]
Indian Railways could end steel company SAIL’s monopoly
The Indian Railways is considering ending state-owned Steel Authority of India Ltd (SAIL)’s virtual monopoly on supplying steel for standard […]
New Development Bank and AIIB to joint finance infrastructure projects
The State Council of China announced that New Development Bank (NDB) plans to co-finance infrastructure projects with the Asian Infrastructure […]
Six cities added on China-Europe rail route
UPS, the global logistics provider, announced that it has added six stations to its Preferred full and less-than-container load (FCL […]