China’s investment in its Belt and Road Initiative (BRI) held steady at $68bn last year, according to a report by Shanghai’s Fudan University, but it has changed where it’s spending its money on infrastructure. Some 14 countries saw a 100% drop in engagement, including Russia, Sri Lanka, and Peru, which were affected […]
Day: February 9, 2023
Britain will accelerate reforming its underperforming railways, transport minister Mark Harper said on Tuesday, banking on a fresh injection of private sector competition to improve service standards and make ticket pricing fairer. Britain privatised its railways in the 1990s, splitting infrastructure management from service provision, which complicated long-term investment decisions […]
Israel Railways has reached a $1.4m deal with Rail Vision to procure its 10 Rail Vision Main Line Systems and related services. Powered by artificial intelligence (AI) technology, the Main Line System detects hurdles such as humans, animals, and vehicles near, between, or on the railway. To avoid collisions, the […]