Alexis Guerrera, Argentina’s transport minister, said: “This is a very important step forward in the path set by President Alberto Fernández, and already started by Mario Meoni, to modernise our passenger railroad transportation.
By VICTOR ARAGONES SVETLANA VUKANOVIC The European Union has declared 2021 to be the year of railways, and the World Bank is on board, putting its money into rail tracks, crossings and people. The World Bank has just approved a track rehabilitation project that sends a strong signal about its […]
“A renewed and modernized rail network will become an essential part of transforming multi-modal transport in the country and the program is fully aligned with Serbia’s European Union accession agenda,
The Egyptian National Railways network serves many low-income Egyptians with 60% of the lines concentrated in the Nile Delta. Image credit: Orhan Cam / Shutterstock.com Forbes-The World Bank approved a $440 million loan in support of Egypt’s railway improvement project, which seeks to modernize signaling and upgrade performance of the […]
By Martha Lawrence & Victor Aragones Because rail is a climate-friendly, low-cost mode, many countries have set ambitious targets for expanding the share of freight moved by rail. The EU, for example, aspires to double its rail freight traffic to 30 percent by 2050, while India aims to increase rail […]