China: In a pilot private financing scheme, 60% of the 775m yuan cost of a 45 km line expected to open in 2006 is to come from bank loans. A 32·5% stake in the Quzhou Changshan Railway Co will be owned by the private Changshan Cement Co, with the Ministry of Railways having 35% and the local government 32·5%.
France: On March 10 the RFF board voted to put in place a financing package for the eastern section of TGV Rhin-Rh
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
EUROPE: Austrian Federal Railways has put into service the first of its updated Railjet trainsets on services linking Germany, Austria and Italy. Toma Bačić rode on a preview run between München and Verona on April 5.
