Northern Latitudinal Railway financial model presented to the Government
„The Northern Latitudinal Railway is one of the primary and promising projects for the development of the Arctic zone. This […]
Asia Leads
India to set up a USD 5 billion rail fund
Indian Railways issued a draft cabinet note for setting up a USD 5 billion Railways of India Development Fund (RIDF). […]
Turkey to complete BTK within next months
The Baku-Tbilisi-Kars (BTK) railway project will be completed in the first half of 2017, said Ahmad Arslan, Minister of Transport, […]
Alstom awarded its first tramway contract in Taiwan
China Steel Co awarded Alstom a contract for the supply 15 Citadis trams for Kaohsiung tramway project phase 2, which […]
Russia to invest USD 700 mln for railway modernisation in East-Siberian region
Russian Railways will invest RUB 42.8 billion (USD 722 million) for East-Siberian railway infrastructure, representing a 7.8% increase compared with […]
China to open its multimodal transport market
According to a circular drafted by 18 governmental agencies and China’s Ministry of Transport (MOT), the qualified freight companies including […]
Jiaxun Feihong to acquire railway software developer Liujie Technology
Jiaxun Feihong Electrical (Beijing) is buying a 55.1% interest in Liujie Technology (Beijing). The value of the transaction is CNY […]
AC 2ES7 locomotive enters operation on Baikal-Amur line
Sinara Group announced, on January 16, that Russian Railways put into operation the electric locomotive AC 2ES7, on Baikal-Amur Mainline. […]
Israel: new step in ETCS Level 2 project
Israel Railways sent the documents for a closed tender for new railway track signalling equipment in the framework of the […]
China invested more than USD 100 billion in railways
In 2016, China’s railway investments reached CNY 801.5 billion (USD 116.6 billion), the Ministry of Transport (MOT) announced. The country’s […]