Tripoli and Benghazi metro systems moving forward
01/04/2014 (Libya Herald - Libya): A workshop was held today at the Railways Project Execution and Management Board’s headquarters in Tripoli (www.railroads.org.ly), in cooperation with the Zawia University’s Strategic Planning Unit on “Strategic Planning for the City Metro (LRT) – A Modern Metro for the Public”. The meeting was headed by Ali Rashaida, Chairman of the Railways Project Execution and Management Board, the Deputy Transport Minister for Road and Land, Abdulrizag Al-Houd, members of Tripoli and Benghazi Local Councils, representatives of the Housing and Infrastructure Board (HIB), academic members of the University of Zawya as well as a number of other interested parties...
TransCentury sells Rift Valley Railways stake to Egypt’s Citadel
01/04/2014 (Daily News Egypt - Egypt): Reuters – Kenya’s TransCentury said on Tuesday that it has sold its 34% stake in Rift Valley Railways (RVR) to Egyptian private equity firm Citadel Capital. Citadel said it bought the shares for $37.8m, raising its stake to 85%. Uganda’s Bomi Holdings owns the rest. RVR, operator of the sole rail line linking Kenya’s Indian Ocean coast with Uganda, is set to face competition from a new railway in the coming years after the Kenyan government broke ground on building a standard-gauge line from the port city of Mombasa to the Ugandan border in November last year. Rail transport in the east African nation accounts for only 1m tonnes of the 20m tonnes of cargo that passes through the port of Mombasa to the region every year. - See more at: http://www.dailynewsegypt.com/2014/04/01/transcentury-sells-rift-valley-railways-stake-egypts-citadel/#sthash.aQdrAhgY.dpuf
Saudi Arabia begins construction of multi-billion dollar metro project
05/04/2014 (Al Arabiya News - KSA): Saudi Arabia has begun construction work on its long awaited first metro rail system in the capital Riyadh. The multi-billion project will involve six rail lines extending 176 kilometers and carrying electric, driverless trains, in what Saudi officials project to be the world's largest public transport system. Prince Khalid bin Bandar, the Riyadh emir, attended a groundbreaking ceremony in the capital on Thursday to mark the first day of construction work. “On this blessed day we witness the start of works on the grounds of the metro project. The phase of research and planning is over and now it is time for implementation, and we call for God's help,” said Prince Khalid bin Bandar, Reuters reported. Saudi Arabia awarded $22.5 billion in contracts to three foreign-led consortia for the design and construction of the system.
Japan's tsunami-hit railway resuming full services with Kuwait's aid
05/04/2014 (KUNA - Kuwait): KAMAISHI, Japan, April 5 (KUNA) -- Disaster-hit railway in northeastern Japan began to resume full services on Saturday with funds provided by Kuwait after a three-year hiatus, as the last remaining two damaged sections were finally restored.Sanriku Railway operates a 107.6-km track along the Pacific coast of Iwate Prefecture, comprising two lines -- the North Rias Line and the South Rias Line, both essential for local people''''s life. But it was forced to suspend operations after its train cars, rails, bridges and stations were wrecked by a magnitude 9.0-quake and ensuring tsunami on March 11, 2011.Saturday marked full recovery of the South Rias Line with the restoration of a 15-km stretch which had been out of service. The neighboring North Rias Line will be back in full operations on Sunday. Commemorating the full-scale return, Sanriku Railway introduced five new railcars, each costs JPY 160 million (USD 1.6 million), including a retro car and a traditional Japanese house look-alike car...
Turkey expects China's investment in high speed railway project
03/04/2014 (Shanghai Daily - China): ISTANBUL, April 2 (Xinhua) -- Turkey expects China to invest in its high speed railway project from the eastern tip to the western part of the country, which would constitute an important part of the modern Silk Railroad, said the General Director of Turkish State Railway Suleyman Karaman here on Wednesday. Karaman made the remarks at the 11th International Union of Railways UIC, European Rail Traffic Management System ERTMS, World Conference held in Istanbul. The three-day meeting has drawn some 600 railway specialists and professionals from 38 countries under the theme of "Optimizing Rail Investments Worldwide" and they discuss the development of rail systems across the world...
Kazakhstan discusses transport cooperation with Georgia, Iran
The uncertain future of China-Israel relations
04/04/2014 (Al Arabiya News - UAE): In a recent interview on Bloomberg TV, the Israeli President Shimon Peres stated: “The future is galloping like a horse, and if you don’t gallop with the horse, the horse will gallop without you.” His interesting words may apply to the tireless Israeli efforts in recent years to “gallop” with the Chinese horse. This Israeli “galloping” comes at a time when China is seeking to enhance the security of its energy imports from the Middle East by increasing its political and economic involvement in the region. One of the striking issues that characterizes Beijing’s relations with the region is that it has good relations with all parties. China’s ties with Iran, Turkey, and the Arab world are growing rapidly...
The new ‘silk road’, a rail link from China’s factories to heart of Europe
01/04/2014 (Egypt Daily - Egypt): AFP- It is one of the world’s longest railways – an approximately 11,000-kilometre “modern-day silk road” that traverses Russia and Kazakhstan to link a megacity in the heart of China with a key commercial hub in western Germany. On Saturday, as part of his landmark visit to Germany, Chinese President Xi Jinping is set to visit the last stop on the “Yuxinou” rail line, an industrial feat that promises to revolutionise transport between Europe and Asia. Duisburg is a steel-making town of around half a million on the confluence of the Rhine and Ruhr rivers that boasts the world’s biggest inland port and is one of Germany’s most important transport and commercial hubs...
South Africa $18 Billion Rail Plan Lifts Mining Exports
China cuts taxes, builds more rail lines, to steady economic growth
Iran Eager to Develop Cooperation with Italy in Railway Industry
14/04/2014 (Tasnim News Agency - Iran ): Seyed Hassan Mousavinejad, managing director of Iran’s ‘RAJA’ railway corporation, said his company seeks to develop cooperation with the Italian companies in order to boost the passenger transportation services and tourism industry in Iran. He made the comments in a meeting with Italian Ambassador to Tehran Luca Giansanti on Monday. The Iranian official also called for the resumption of ties with the Italian companies, one of which he said had been already on the verge of signing a contract with Iran to help the country with manufacturing passenger train wagons. Mousavinejad then asked Italy’s embassy in Iran to facilitate the promotion of ties between Iranian and Italian railway companies. Giansanti, for his part, expressed his embassy’s preparedness to pave the way for the expansion of relations between companies from the two nations, saying a vast majority of Italian industrial firms and merchants are vying to invest in Iran.