Campaigners set to protest against Veolia's contract bid

03/12/2012 ( The Guardian - UK): A PLANNED protest is set to call on Waltham Forest Council not to award a contract to a firm accused of being complicit in the running of Israel’s illegal settlements.

French multinational Veolia is in contention for a number of waste contracts in the borough, but has come under fire for its involvement in projects such as Jerusalem Light Rail..

Rs 55,4bn to be spent on restoring Quetta Taftan railway track

03/12/2012 (Business Recorder - Pakistan):ISLAMABAD: The government would rehabilitate the 638-kilometre-long track between Quetta and Koh-i-Taftan, costing Rs55.422 billion as part of a trilateral cooperation agreement signed among Pakistan, Iran and Afghanistan.

The project aims at strengthening the Economic Cooperation Organization (ECO) and the establishment of a Free Trade Area in the region by 2015...

 

Pak-India trade through rail comes to a halt due to wagons shortage

03/12/2012 (The Nation - Pakistan):CHANDIGARH – Trade through rail route between India and Pakistan has almost come to a halt due to non-availability of rail wagons, exporters have said.

Exporters said they had not been able to get sufficient rail wagons during last four weeks. They further said goods worth Rs 1,000 crore are held up at Amritsar railway station.

“We are not getting rail wagons for export of goods, which has significantly impacted export to Pakistan through rail network,” Amritsar-based exporter Rajiv Setia said...

Railway Budget to be low on populism

03/12/2012 (The Indian Express - India):The 2013 Rail Budget, likely to be the UPA government’s last before the 2014 polls, looks set to steer clear of announcing any new projects — a major departure from the past few rail budgets. Saddled with hundreds of pending projects and mounting losses, the Railway Ministry will instead focus on completing prioritised works, particularly those near completion.

With the ministry back with the Congress after almost 17 years, rather than a regional ally, the budget is also likely to be low on populism (Railway Minister Pawan Kumar Bansal has been hinting at a fare hike)...

SW China starts track-laying for first high-speed railway

03/12/2012 (Daily China China):CHENGDU - Sichuan province started laying tracks on Sunday 

for the first high speed railwayin mountainous southwest China, where ancient 

visitors called a trip there harder than that toheaven.

The railway, which will link cities including the cities of Mianyang, Deyang, 

Chengdu andLeshan, stretches 312 kilometers across the Wenchuan 

earthquake struck areas.

Workers will lay down tracks about six kilometers a day, and work will be 

completed by the endof 2013. High-speed trains will run at a designed speed of 200 kilometers per hour.

Why can’t we have a 300-mph floating train?

03/12/2012 (Concord Monitor - UK): A Japanese railway company this month unveiled a prototype for a commercial passenger train that it says can reach speeds of 310 miles per hour via magnetic levitation. According to the Asahi Shimbun, the plan is for the floating train to begin zipping commuters from Tokyo to Nagoya in 2027. At that speed it could make the 200-mile trip in under 45 minutes.

Maglev trains have long been the holy grail of ground transportation. Levitating above steel rails, they need no wheels and have no friction with the track, resulting in an ultra-fast, ultra-quiet ride. So far they’re very expensive. This project is expected to cost upwards of $100 billion...

Iran, Russia mulling cooperation in electric train project

10/12/12 (Tehran Times - Iran):Iranian and Russian railway companies are discussing plans to cooperate in launching a project for electrifying Garmsar-Gorgan and Tehran-Mashhad railway lines in Northern and Northeastern Iran.

"After the electric train of Tabriz-Azarshahr railway line was inaugurated, a meeting was held with the Russian railway company's managing-director and different subjects went under negotiation," Director-General of the Islamic Republic of Iran's Railway Company for Investment and International Affairs Abbas Nazari said...

China's investment continues to improve

10/12/12 (People's Daily - China):BEIJING, Dec. 8 (Xinhua) -- China's fixed-asset investment, one of the main drivers ofeconomic growth, will continue 

to improve in November amid the country's efforts tobuoy the economy, 

according to results from the latest Xinhua survey.
The average forecast for the country's fixed-asset investment growth in the first 11months was 20.8 percent, slightly 

higher than the 20.7-percent growth realized in thefirst 10 months, according to the survey 

conducted among financial institutions andeconomists.

Railways-to-adopt-PPP-mode-for-modernization-Bansal

17/12/2012 (The Times of India - India):SANGRUR: Union railway minister Pawan Bansal said on Sunday that public private partnership (PPP) mode would be adopted for modernizing and upgrading the railway infrastructure..

China to open world's longest high-speed rail line

17/12/2012 (Rediff Business -India): China is set to open a 2,298-km high-speed railway line, the world's longest, in about two weeks, linking the capital city with the country's trading hub of Guangzhou.

According to the Ministry of Railways (MOR), the Beijing-Guangzhou high-speed railway will open on December 26, the birth anniversary of late Chairman Mao Zedong...

 

RVR to lay off 150 workers as it steps up modernisation plan

17/12/2012 (Standard Digital News -Kenya):The latest dismissals bring the total number of employees laid-off since RVR took over the concession in 2006 to about 1,000

The Kenya-Uganda railway operator Rift Valley Railways (RVR) plans to shed off about 150 employees as it embarks on a crucial period of reviving the archaic network...

 

Etihad Rail's 1st batch of rail wagons arrive at Mina Zayed port

26/12/2012 (WAM - UAE):WAM ABU DHABI: Etihad Rail - the developer and operator of the UAE's national railway network -announced today that the first shipment of wagons, to be used in Stage One of the rail project linking Shah and Habshan to Ruwais in the Western Region, arrived earlier this week at Abu Dhabi's historic port, Mina Zayed, aboard the King Spirit. Senior delegates from Etihad Rail were on hand to receive and inspect the wagons upon arrival...

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China launches world’s longest bullet train service

26/12/2012 (LIVE Mint - India):Beijing: China launched services on Wednesday on the world’s longest high-speed rail route, the latest milestone in the country’s rapid and—sometimes troubled—super-fast rail network.
The opening of the 2,298km-line between Beijing and Guangzhou means passengers will be whisked from the capital to the southern commercial hub in just eight hours, compared with the 22 hours previously...

7 Investors Interested in Freight Unit of Bulgarian State Railways

26/12/2012 (Novinite.com- Bulgaria): Seven investors have shown interest in the privatization of the cargo unit ofBulgarian State Railways (BDZ) company, according to Emil Karanikolov, Executive Director of the Privatization and Post-Privatization Control Agency(PPCA).

Karanikolov, as cited by Standard daily, informed Wednesday that six investors had already purchased tender documents, including Sofia-based consultancy Yurista EOOD, Georgieva, Todorov & Co Law Office, lawyer Valentin Tsenov Ivanov, Grigorov & Assoc. Law Office, lawyer Todor Ivanov Angelov, and private railway freight carrier Bulgarian Railway Company (BRC), owned by Romania's largest private railway company, Grup Feroviar Roman (GFR)...