All Railway Gazette International articles in August 2007 – Page 4
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News
Cádiz progress
TWO new double-track sections on the Sevilla - Cádiz route were officially brought into service on July 27 in the presence of Spanish Development Minister Magdalena ?lvarez. In addition to track doubling, under a €700m project level crossings are being eliminated, with new alignments constructed in certain locations. The power ...
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News
Tehran Line 3 funded
CHAIRMAN of Tehran Urban & Suburban Railway Co Mohsen Hashemi signed an agreement covering the financing of Tehran Metro Line 3 with the Bank of Industry & Mines on July 25. The bank will provide US$100m to permit work to begin this year on the 7 km first phase of ...
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NewsTangula Railtours launching luxury train to Tibet
Tangula Railtours has placed contracts for three five-star cruise trains offering luxury travel over the world's highest railway
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News
Armenia starts concessioning
THE GOVERNMENT of Armenia has invited prequalification bids for a 30-year concession to modernise and operate the country's rail network, with an option for a further 20-year extension. Minister of Transport & Communications Andranikl Manukyan says expressions of interest are due by September 14, with shortlisted bidders to be announced ...
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News
Not a wheel is turning on the Betuwe Route
TWO MONTHS ago we reported the formal opening of the Betuwe Route by Queen Beatrix on June 16 (RG 7.07 p419). By July 15 just 10 freight trains had passed over the line each way. That's 10 a month, not 10 a day. And infrastructure operator Keyrail imposed a three-day ...
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News
AGV tailors capacity and performance to the market
Nearing completion at Alstom's factory in La Rochelle are the seven cars of the prototype Automotice à Grande Vitesse. Alstom's Technical Director François Lacôte briefed Murray Hughes on the train's design and target market
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News
Leasing finance
BABCOCK & Brown announced on August 1 the establishment of a new company to develop CBRail, the European operating lease financing company it formed in September 2004 as a joint venture with Bank of Scotland Corporate Asset Finance. The new company has a €390m long-term financing platform to enable the ...
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