Egypt, Hungary sign 2 MOUs on railway, security fields

06/06/2015 (The Cairo Post - Egypy): CAIRO: President Abdel Fatah al-Sisi has witnessed Friday the signing of two Memoranda of Understanding (MOUs) with Hungary on the railway and security fields, Presidential spokesperson Alaa Youssef said in a statement.Egypt’s Foreign Minister Sameh Shoukry and heads of Hans Motors and Maxim Group Investment Banking signed a MOU on 700 trains aiming at developing Egypt’s railway sector, Youssef said, adding that the second agreement was signed between the Ministries of Interior of both sides to enhance bilateral relations in the security field.Sisi and Orbán have also signed a joint communiqué to boost bilateral relations in the political, economic, cultural and scientific fields.“The Egyptian side encouraged Hungarian companies to participate and to invest in the major development projects that the government of Egypt initiated recently, particularly in the construction of a new economic zone adjacent to the New Suez Canal area, building a new capital city, modernizing railways and other elements of infrastructure, renewable energy facilities, agriculture and land reclamation, water treatment and water management, etc.

Egypt’s railway authority to develop 300 railroad crossings nationwide

19/06/2015 (The Cairo Post - Egypt): CAIRO: The Egyptian National Railways authority (ENR) has signed a contract with the Arab Organization for Industrialization (AOI) Electronics Factory to develop 300 crossings nationwide, Youm7 reported Thursday.ENR Chairman Ahmed Hamed said that the contract comes within the fourth stage of the crossings development plan with a total cost of 278 million EGP ($36.45 million,) to be implemented within 24 months from the date of contracting.“The project will contribute to raising the security level of crossings and will save foreign currency, which was spent on importing such appliances,” Hamed said.President Abdel Fatah al-Sisi witnessed the signing of two Memoranda of Understanding with Hungary on the railway and security fields, Presidential spokesperson Alaa Youssef said in a statement on June 6.In December 2013, Hamed announced the completion of the first locally-made railway crossing in the military production factories.“It will save millions of pounds that were spent on the contracts with foreign companies to develop the crossings and import their spare parts,” said Hamed.

Al-Haramain Train project first of its kind in Mideast

01/07/2015 (Arab News - KSA): JEDDAH: The Al-Haramain Train project is described as the largest public transportation project in the Middle East. This vital and strategic project is one of the implementation schemes of the mass expansion of the Saudi railway across the country.The project’s importance stems from many considerations, primarily the increasing numbers of pilgrims, visitors, residents and worshipers coming to the country, Madinah and Makkah year after year. The train will greatly reduce the congestion on the roads between Makkah and Madinah, in addition to Jeddah governorate. It will also reduce road traffic accidents and pollution levels, resulting from vehicles’ fuel emissions. Additionally, it will provide job opportunities for Saudi youths after they get the necessary training and qualifications on the operation and maintenance tasks. The project consists of establishing electric tracks between Makkah, passing through Jeddah and reaching Madinah with a length of 450 km. The tracks are equipped with signals and advanced communication means.

Should China build our railways? Its bullet trains could soon travel at 310MPH after cutting edge upgrade (it would reach Paris from London in 57 minutes)

01/07/2015 (Mail Online - UK): China's leaders have been promoting the country's fast rail technologies in meetings with foreign politicians as they seek to move the country's exports up the value chain, and Chinese companies are building high-speed rail networks in Turkey and Venezuela.

In 2013, after talks in Beijing with David Cameron, Premier Li Keqiang said he wanted a slice of the £50billion High Speed 2 scheme.

After meeting Mr Cameron and senior ministers, Mr Li said they ‘agreed to push for breakthroughs and progress’ in co-operation on nuclear power and high-speed rail. The successful trialling of the new traction system will be another weapon in the Chinese armory as they look to prove themselves as the most innovative where trains are concerned.Limin of Beijing Jiaotong University, who heads China's high-speed railway innovation program, hopes that the new traction system can be up and running across the board by 2018.'The new system has fewer parts than the current traction apparatus, so it is more reliable and efficient,' he said.

Three New Companies Within Serbian Railways

19/06/2015 (In News - Serbia): BELGRADE – The reform process of the Serbian railways public enterprise is developing according to the plans and three new companies within Serbian Railways should begin operating as of July, one of them in charge of passenger transport, another in charge of freight transport and the third one operating in the infrastructure sector.The working group in charge of the Serbian Railways reform process adopted on Thursday the draft concepts for the operation of new companies, which will be forwarded to the companies’ management bodies and should be confirmed by the government.Serbian Minister of Transport and head of the working group Zorana Mihajlovic said that the goal of the reforms is to make the Serbian Railways more efficient, states the release issued by Mihajlovic’s cabinet.Resident IMF Representative in Serbia Daehaeng Kim said that progress made over the past six months, since the working group began working, constitutes a positive example of the pace of reform implementation.