Morocco to Become Africa’s Gateway: OBG Report

28/10/2015 (Morocco World News - Morocco): Morocco is on its way to becoming a main gateway to Africa due to its strong economic ties with the African continent, according to the Oxford Business Group’s 2015 report.The British company’s current report noted that Morocco’s overall trade with Africa is in its developmental phase and rapidly expanding, while Europe remains Morocco’s main trading partner.Moroccan economy showed a steady growth, primarily due to the launch of new markets in sub-Saharan Africa explored by the country’s private sector.According to OBG, Morocco has greatly benefitted from foreign investments, which have doubled since 2011.Another benefit to the country’s economic growth has been the increase of value in Moroccan exports and the decline in oil prices, which allowed the government to reduce the trade deficit by 6.2 percent in 2014, the OBG reported.

http://www.moroccoworldnews.com/2015/10/171428/morocco-to-become-africas-gateway-obg-report/

Ethiopian Government Opens Light Rail Metro System, the First of it’s Kind in Sub-Saharan Africa

17/10/2015 (Atlanta Black Star - USA): Commuting in large African cities is notoriously hectic. It generally involves waiting in long lines before being crammed onto buses and minivans and braving endless traffic jams.But the scenario has changed in Addis Ababa, Ethiopia’s capital.The Ethiopian government recently opened a light rail metro system, intended to transform the lives of the more than 4 million people in the capital. The system is the first of its kind not only in the city but in the whole sub-Sahara African region.The track, which includes elevated sections and tunnels, “runs from Addis Ababa’s main industrial area on its southern fringe, through the trading district of Merkato, to the historic center of Piazza. An east-west line skirts the African Union’s headquarters, soars past the main government district and out to modern housing developments,” Bloomberg reports.

http://atlantablackstar.com/2015/10/17/heavily-populated-sub-saharan-africa-received-first-metro-transit/

BOMBARDIER AND ISRAEL RAILWAYS INK HUGE CONTRACT VALUED AT $262 MILLION

21/10/2015 (The Canadian Jewish News - Canada): Berlin-based Bombardier Transportation will be manufacturing 62 electrically powered locomotives for Israel Railways under a contract worth approximately $262 million (US), announced on Oct. 21.Bombardier, whose headquarters are in Montreal, competed against several other international companies for the job. The deal includes an option for an additional 32 locomotives.The Bombardier TRAXX AC locomotives are expected to play a key role in the electrification of Israel’s rail network, gradually replacing diesel locomotives.The first deliveries are scheduled for the end of 2107.They will mainly power the 369 Bombardier double-deck passenger coaches already in operation. Bombardier has been doing business with Israel Railways for many years.“We feel honoured to have been selected for this significant order,” Yossi Daskal, chief country representative and head of sales in Israel for Bombardier Transportation, said in a statement.

http://www.cjnews.com/news/business/bombardier-and-israel-railways-ink-huge-contract

China's high-speed railway technology reaches highlevel

22/10/2015(ChinaDailyChina): China's highspeed railway construction technology has reached a very high leveland it would be beneficial if China shares it with other countries, a senior Turkish railwayengineer has said."Highspeed trains are operating on the line and we are very grateful. Because during theconstruction process we worked on very hard territory, the line was built with multitunnelsand viaducts on mountainous areas," said Mustafa Babal, engineering supervisor of theAnkaraIstanbul Project which was completed by two Chinese companies in July 2014.Turkey is planning to increase the speed of AnkaraIstanbul line to 350 km per hour and thetwo sides are making preparations, he said.Babal said Turkey has a huge plan to build highspeed railways and Chinese companies candeliver good projects together with Turkish companies.

http://www.chinadaily.com.cn/business/2015-10/22/content_22252253.htm

Pak Railways to earn Rs 38 billion this year: Senate

03/11/2015 (Pakistan Today - Pakistan): The Senate was informed on Tuesday that Pakistan Railways is ready to restore the ECO train service but the delay is due to some infrastructure improvement works under execution near Istanbul, Turkey.He said the matter is vigorously being pursued with Turkish authorities.Minister for Railways Khawaja Saad Rafiq told the House during question hour that a tripartite meeting between concerned officials of Pakistan, Iran and Turkey has also been proposed to be held in Islamabad, to expedite the revival of ECO train.The minister said that as soon as Afghanistan starts work on the Spin Boldak to Kandahar railway line project in their territory, Pakistan Railway will also initiate execution of the project.The railways minister expressed confidence that Pakistan Railway will earn Rs 38 billion this year against the target of Rs 32 billion.Khawaja Saad Rafiq told the House that there are a total of 17 schools were established by Pakistan Railways in the country. He said Pakistan Railways has no plan to open new schools, as it is not the business of Pakistan Railways to run the schools. However, it is focusing on upgrading existing schools.

http://www.pakistantoday.com.pk/2015/11/03/national/pak-railways-to-earn-rs-38-billion-this-year-senate/

Indian Railways: Goa-Delhi Rajdhani Express to be flagged off today

16/11/2015 (The Financial Express - India): Indian Railways says Railway Minister Suresh Prabhu will flag off the Rajdhani Express connecting Goa to New Delhi from Madgaon.The launch of the train, promised by Prabhu during an earlier visit, is fulfilment of a long pending demand from Goans to run a Rajdhani Express from the coastal state to the national capital.“Taking into account the difficulties being faced by the people of Goa and also on the request of the Goa Government, Suresh Prabhu will be flagging off the inaugural run of the Bi-weekly Rajdhani Express between Madgaon & Hajrat Nizamuddin on November 15 from Madgaon Station at 15.00 hrs,” Konkan Railways Chief Public Relations Officer said today.“This will fulfil the long awaited dream of the people of Goa,” he said...

http://www.financialexpress.com/article/economy/indian-railways-goa-delhi-rajdhani-express-to-be-flagged-off-today-check-irctc-co-in/165691/

Russian Railways prefers Chinese offer on Moscow-Kazan HSR construction to German one

03/11/2015 (Tass - Russia): SABETTA, November 3. /TASS/. The Russian Railways company (RZD) is not satisfied with cooperation terms for the construction of Russia's high-speed railway (HSR) Moscow-Kazan suggested by the German Initiative consortium, RZD vice-president for high-speed railway development said on Tuesday."The German Initiative offered a memorandum of cooperation and equipment import investment," Alexander Misharin told TASS. "We are analysing the proposals, but their equipment supply funding offers do not satisfy us."The Russian Railways official noted that the prices for some equipment were too high. "Moreover we cooperate with Chinese counterparts who have the same equipment for more appropriate prices," Misharin said.While citing president and CEO of Siemens in Russia and Central Asia, vice-president of Siemens AG Dietrich Moeller, TASS reported earlier that the German Initiative - a German consortium led by Siemens - may join the Russian high-speed railway project as a co-investor along with Chinese investors

http://tass.ru/en/economy/833886

Uzbekistan to buy high-speed electric trains in Spain

10/11/2015 (Trend - Uzkekistan): "Uzbekistan Temir Yollari" ("Uzbekistan Railways") JSC and Spanish Parentes Talgo S. A. have signed a contract to purchase two high-speed electric trains, the AVE 250, at a cost of 38 million euros, the Uzbek railway company said.The new electric trains are to be delivered to Uzbekistan in 2017.The contract will be financed through funds from Uzbekistan Railways and a loan issued by the Uzbek Reconstruction and Development Fund.Uzbekistan Railways began carrying out a project in January 2015 to develop high-speed train traffic through the Samarkand-Bukhara railway at a cost of $400 million. The project must be completed by late 2016. The new trains are planned to be used on this route.Two high-speed trains, the AVE 250 purchased from Parentes Talgo S.A. in 2009, are now being used by Uzbek railways.

http://en.trend.az/business/economy/2454503.html

China, Laos to build $6.3 bln railway project by 2020 - 

15/11/2015 (Reuters - UK): Nov 15 China aims to complete laying a 418-kilometre (260-mile) railway from a border town to Laos by 2020, the official China Economic Herald reported, as the economic giant seeks a new route into the emerging markets of Southeast Asia.The two countries agreed on Friday to jointly build a 40-billion yuan ($6.28 billion) railway from the border town of Boten to the Laos capital Vientiane, the Herald reported.The deal was announced at a signing ceremony attended by senior officials from the National Development & Reform Commission the country's top economic planner, China Railway Corporation and the Export-Import Bank of China, the paper said.Laos, poor and landlocked, has traditionally been firmly in the orbit of its larger neighbour to the east, Vietnam.



http://www.reuters.com/article/2015/11/15/china-laos-railways-idUSL3N13A03P20151115#vHrlRjteAuC4XZBx.97

Gulf train designs to be ready by year-end, says official

05/11/2015 (Al Arabiya - UAE): The blueprints and technical designs of the Gulf train linking all the six members of the Gulf Cooperation Council (GCC) will be ready by the end of the current year, according to Mohammed Khaled Al-Suwaiket, president of the Saudi Railways Organization (SRO).He told a meeting organized by the Saudi Society of Civil Engineering on Tuesday that the Kingdom will implement its part of the project in 2016 by constructing the rail roads from Al-Batha in Riyadh in the south to Al-Khafji in the north.Suwaiket said Qatar will be linked to the project through Salwa crossing point and King Hamad bridge.He said the United Arab Emirates and Oman have already started constructing their parts of the project while other countries were still to join.

http://english.alarabiya.net/en/business/aviation-and-transport/2015/11/05/Gulf-train-designs-to-be-ready-by-year-end-says-official.html