Morocco Receives Carriage of High-Speed Train

18/01/2017 (Morocco World News - Morocco): Rabat – Morocco has received a carriage for the French-made high-speed train, known better as TGV at the Port Tangier Med, reported CNN on Wednesday.  The TGV in Morocco will be the first one to operate in Africa.  It will connect Tangier to Kenitra in only 1 hour and 30 minutes. In the future, the TGV will link Tangier to Casablanca in 2 hours and 10 minutes, instead of the five hours the journey takes on the current train...

https://www.moroccoworldnews.com/2017/01/206070/morocco-receives-carriage-high-speed-train/

Kenya Railways Dismisses Comparisons Between SGR and Morocco, Ethiopia Projects

16/01/2017 (All Africa - SA)Nairobi — Kenya Railways Corporation (KR) has come to the defence of the construction of the Standard Gauge Railway following concerns over the cost compared to other railway projects in the continent.

The Corporation Managing Director Atanus Maina says the Standard Gauge Railway (SGR) is built based on the needs of the country which is to primarily ease the moving goods to and from the port of Mombasa...

http://allafrica.com/stories/201701170084.html

Why Egyptian firm is selling its stake in Kenya-Uganda railway

14/01/2017 (The Star - Kenya): The decision by Egypt’s Qalaa Holdings to sell its controlling stake in the firm that runs the Kenya-Uganda railway line was informed by failure to generate returns for its investors, the company said on Friday. Qalaa, which has 85 per cent stake in the Rift Valley Railways, said the $320 million (about Sh33.24 billion) fresh capital injected into the more than a century old 1,200km railway in five years from 2010 has not raked in profits. The investment, the firm said, includes $66 million (about Sh6.86 billion) in concession fees to the governments of Kenya and Uganda.

http://www.the-star.co.ke/news/2017/01/14/why-egyptian-firm-is-selling-its-stake-in-kenya-uganda-railway_c1487288

First 'Silk Road' train from China to Britain arrives in London after a marathon 7,500-mile

18/01/2017 (Mail Online - USA): The route known as the 'Silk Road' once helped bring a wealth of goods from China to Europe.  Today, the arrival of a freight train in east London has marked a new era for the 2,000-year-old trading route.  It is the first freight train service from China to the UK. The train pulled in to Barking after an 18-day journey from Yiwu, a wholesale market town in the eastern Chinese province of Zhejiang.

http://www.dailymail.co.uk/sciencetech/article-4132308/First-freight-train-China-Britain-arrives-London.html

Railway investment in emerging markets estimated at $642b

05/02/2017 (Times of Oman - Oman): A sizable investment of $642 billion is being planned for developing railway infrastructure in the Middle East, North Africa, Central Asia and South Asia. This investment is mainly for developing freight and urban transport infrastructure, according to Terrapinn Middle East, organiser of Middle East Rail, which will be held from March 7 and 8 in Dubai. “Within the next 10 years, we will see a complete reform of mobility across emerging markets,” said Jamie Hosie, Event Director of Middle East Rail 2017, the biggest and most established transport and logistics event in the region.

http://timesofoman.com/article/102032/Business/Railway-investment-in-emerging-markets-estimated-at-$642b

People of Aseelan ‘to ride camels’ to reach town’s train station

05/02/2017 (Saudi Gazette - KSA): BURAIDAH – The Northern Railway linking Qurayyat with Riyadh is scheduled to start experimental operation in two months. The railway will pass through five stations including the one in Aseelan, east of Buraidah, but the approach road to the train station in the town is yet to be built.People say that they have to ride on camels to cross a 300-meter sandy track to reach the train station. Experimental operation of the railway was scheduled to take place in the first quarter of 2017.“We want the Transport Ministry or Buraidah municipality to construct the road to link Aseelan station with the main road connecting Buraidah with Asyah,” said Sulaiman Al-Muhaimeed, a resident of the town.

http://saudigazette.com.sa/saudi-arabia/people-aseelan-ride-camels-reach-towns-train-station/

$240bn GCC rail projects in pipeline, says report

05/02/2017 (Gulf News - UAE): The value of total GCC railway projects in the pipeline stands at more than $240 billion at present, with $69 billion worth of projects currently under construction, according to a report. In terms of overall expenditure on rail, Saudi Arabia and the UAE are spearheading the regional growth. As of January 2017, the kingdom had registered the highest rail construction project value of 50 per cent, followed by the UAE (18 per cent) and Qatar (17 per cent), according to a report produced by Terrapinn Middle East in collaboration with leading construction projects tracker Ventures Onsite.

http://www.gdnonline.com/Details/168171/$240bn-GCC-rail-projects-in-pipeline,-says-report

Nigeria secures $1.5 billion Chinese loan for Lagos-Ibadan rail

01/02/2017 (Premium Times - Nigeria): The Federal Government has secured $1.5 billion (about N450 billion) counterpart funding from China for the Lagos-Ibadan rail project set to commence in March. The Minister for Transportation, Rotimi Amaechi, made the disclosure on Wednesday when he appeared before the Gbenga Ashafa-led Senate committee on land transport to give report of his ministry’s 2016 budget and defend the proposal for 2017.

http://www.premiumtimesng.com/news/headlines/222278-nigeria-secures-1-5-billion-chinese-loan-lagos-ibadan-rail.html

The Times of Israel: Armenia-Iran railway project doomed to failure

03/02/2017 (Trend - Azerbaijan): The project on the creation of a railway linking Armenia and Iran is doomed to failure, says foreign affairs analyst Fuad Shahbazov in a blog post published by the online newspaper The Times of Israel. The estimated cost of building the Armenian section of the railroad is about $3.2 billion, which does not include the costs of land acquisition and customs duties on equipment, said Shahbazov, who has been published and quoted widely by Forbes, Jerusalem Post, EurActive, etc. He noted that the project’s entire cost is on a level comparable to Armenia’s annual budget. Clearly, the lack of financial resources as well as necessary political willpower can be seen as a reason behind the non-implementation of the project, according to him.

http://en.trend.az/iran/business/2716854.html

Turkey, China caught up in rail tender confusion

23/01/2017 (Daily Nation - Kenya): A dispute over a tender to build a $7.6 billion standard gauge railway linking Dar es Salaam to neighbouring countries has provided a tense backdrop to Turkish President Recep Tayyip Erdogan’s visit to Tanzania on January 22-23. Although EXIM Bank of China has signed an agreement with Tanzania to finance the 1,259km line, a Turkish firm is believed to be the front-runner to clinch the contract. EXIM tends to tie its financing to Chinese contractors getting the job. Chinese foreign minister Wangi Yi visited Tanzania two weeks ago to canvass for the tender, but government officials were said to have offered no guarantees.  

http://www.nation.co.ke/business/Turkey-China-caught-up-in-SGR-tender-confusion--/996-3784062-3m8jayz/