State-owned Indian Railways is to host a meeting of the heads of its fellow South Asian railway companies next week to discuss the possibility of pushing forward the development a transcontinental rail freight service that would run through Iran and Turkey. If the 6,000 km project were to be realised, (more…)businesstoday Read More»
China’s plans to build a 350km, $2.89m high-speed railway between Belgrade and Budapest are under investigation by the authorities in Brussels on the grounds that they may fall foul of EU laws which stipulate that transport projects of this magnitude should be put out to public tender.
An MoU (more…)
New Silk Road: London is set to become the latest and 15th European city to feel the impact of Chinese plans to create a 21st-century equivalent of the ancient Silk Road trade route later this month after the China Railway Corporation announced that it had launched the first direct rail freight service to the UK’s capital from Yiwu West Railway Station in Zhejiang Province. Carrying (more…)Read More»
Silk Road investment: Chinese companies invested nearly US$15bn in countries along the new Silk Road last year, 20% more than in 2014, President Xi Jinping told a special session of Uzbekistan’s parliament yesterday. Trade between China and participating countries topped the $1trn mark in 2015, he added, and (more…)AKIpress Read More»
Chinese President Xi Jinping and Uzbek President Islam Karimov this week used a video link to watch the official opening of the Qamchiq railway tunnel, a key link in the Angre-Pap line connecting the Uzbek capital of Tashkent with Namangan. The tunnel, which runs (more…)Times of Central Asia Read More»
South Stream: Russia is still interested in working out a way of building a pipeline along the bed of the Black Sea as a means of transporting gas to Europe via the Balkans, President Putin told the Greek newspaper Kathimerini in an interview published today to coincide with his visit to Athens.
“We may consider a trilateral partnership,” its President for Russia and the CIS Dietrich Moeller told Vedomosti in an interview published yesterday. “We [already] have a joint venture with the Russian Sinara group and excellent relations with China in the field of train production. We have also provided both countries with our Velaro technology.”
Astara rail bridge: Linking Iran’s and Azerbaijan’s railway networks together will cut nearly four weeks off the freight transport journey between Europe and India, the Iranian Ambassador to Azerbaijan Mohsen Pak Ayeen said yesterday at a ground breaking ceremony for the start of work on a railroad bridge over the Astara River on the Azeri-Iranian border.
The bridge (more…)
Transportation costs through Moscow could rise by as much as 20% after Russian authorities instructed the national railway monopoly RZD to close the container terminals in the capital’s railway stations.
Nine container terminals are to be closed in the city this year, with major hubs including (more…)
Scottish transport projects: Chinese investment group SinoFortone Group and the China Railway No 3 Engineering Group have signed a memorandum of understanding with the Scottish government to invest over $14bn in the country’s transport infrastructure. Scotland’s First Minister Nicola Sturgeon (more…)chinadaily Read More»
The Board of Russian Railways this week signed off on plans for a 15-year $17bn upgrade of the country’s rail network. The programme will involve the construction of high-speed lines between Moscow and St Petersburg, Moscow and St Adler and on the Moscow – Kazan – Yekaterinburg route as well as small projects between a number of regional cities including between Tula and Belgorod, Yekaterinburg and Nizhny Tagil and Novosibirsk and Barnaul.
The State-run China National Transportation Equipment & Engineering Co Ltd (CTC) is close to finalising an agreement on construction of the $3bn rail project that will connect Tehran with the northeastern holy city of Mashhad, a Chinese source told Reuters late last week. The project, (more…)
Silk Road transport route: A train with 47 containers loaded with $1.46m of Chinese-made bicycle parts and light industrial products that set out from the Heilongjiang Province capital of Harbin last week is due to arrive in Ekaterinburg tomorrow. The 5,889km journey (more…)theiranproject Read More»