Melbourne’s rail network plagued by numerous problems
According to an internal audit obtained by “The Age”, Melbourne’s rail system is in very poor shape after decades of…...
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Policy
China invested USD 43 billion in railway construction
China Railway Corporation has invested CNY 265.1 billion (USD 43.3 billion) in domestic railway construction in the first half of […]
European Commission approves public financing of Fehmarn Belt
The European Commission has approved the public financing model of the Fehmarn Belt fixed rail-road link between Denmark and Germany, […]
DB unveils new ICE 3 train and signs 5 year cooperation agreement with SNCF
Deutsche Bahn has extended German-French cross-border rail services by unveiling a new high-speed fleet. The inaugural ride from Frankfurt to […]
European Fund for Strategic Investments ready for take-off in autumn
On 22 July 2015, the European Commission has put the final building blocks in place to kick-start investment in the…...
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Russia: the draft Articles of Agreement of the Asian Infrastructure Investment Bank approved
Russian Government approved the draft Articles of Agreement of the Asian Infrastructure Investment Bank (AIIB). Membership in the AIIB is […]
Vietnam to borrow more money from China for Hanoi railway project
Vietnam will borrow USD 250.62 million more from China to partly offset the additional capital needed for the completion of […]
Hungary to upgrade Budapest-Belgrade line for EUR 1.5 billion
The modernization of Budapest – Belgrade railway line could begin this year, after Hungary and China sign the intergovernmental agreement […]
Australia launched rail research center
Australia Government officialy opened the Rail Manufacturing Cooperative Research Centre (CRC) that will address global competition in the rail industry, […]
Japan to finance Mumbai-Ahmedabad HSR
The Japan International Cooperation Agency (JICA) submitted the report on the feasibility study of the proposed Mumbai-Ahmedabad HSR to the […]