Railway Industry Association chief executive Darren Caplan said there was “a real concern that this delay will lead to a hiatus in work, hitting confidence and certainty in what are already difficult economic circumstances”.
“It becomes impossible to be able to pay that loan from revenue that comes from the railways,” he said. “Even in 50 years, it will never break even.”- Transport Ministry
The 10km long railway project stretching from East to West would connect Africa with the Atlantic, the Red Sea, Middle East and Asia.
An updated railway line will provide densely populated communities with fast, reliable transit The improvements focus on ridership—from safety to accessibility Electrifying rail lines cuts greenhouse gas emissions It is a fresh way to approach transport. Planning for improvements to the Buenos Aires commuter rail system began with a deep […]
A consortium led by Hyphen Technical, comprised of TransNamib (the Namibian National Railways), the University of Namibia, CMB.TECH and Traxtion, were successfully awarded funding towards the consortium’s proposed €7.6 million (over $7.37m) hydrogen locomotive project.
The Australian Government announced the appointment of Dr Kerry Schott AO to lead an independent review to assess the governance and program delivery approaches of the Inland Rail Program. The review will help inform the future delivery of Inland Rail and will include consideration of the scope, schedule and cost of the […]
Portuguese contractor Mota-Engil and Chinese rolling stock maker CRRC have signed a €1.3bn deal to build three metro lines in northeast Mexico. The contract is for the construction of lines 4, 5 and 6 of the Monterrey subway system, with a total length of 36km. The lines will connect the […]
Lisbon,Oct.10,2022(Lusa)–CP, Portugal’s incumbent rail operator, wants to launch, in 2023, a tender for the acquisition of 12 high-speed trains worth 336 million euros, according to the report accompanying the draft state budget for 2023. Thus, CP foresees “the launch, in 2023, of a tender for the acquisition of 12 high-speed […]
“We are looking for a major American investment and I am particularly excited about the possibility of attracting American investment in our rail infrastructure” – President Akufo Addo of Ghana
To ease inflation and supply chain issues, regulators should allow reciprocal switching among railroad networks.