KAZAKHSTAN: Speaking at the 25th meeting of the Council of Foreign Investors on May 22, President Nursultan Nazarbayev set out his vision for a 'New Silk Road' strategy to exploit the country's potential as an east-west and north-south transit hub by 2020.
Rail projects in the strategy include the completion by 2015 of an 988 km east-west railway to fill the gap between Zhezkazgan and Beineu, and a 214 km line to link Arkalyk and Shubarkol.
KAZAKHSTAN: President Nursultan Nazarbayev opened the first section of the Almaty metro on December 1, and the Ministry of Transport & Communications has announced that funding has been secured to construct the second phase. The 8·5 km Phase 1 from Alatau to Rayimbeka has seven stations. Phase 2 will extend ...
KAZAKHSTAN: The European Bank for Reconstruction & Development and KTZ agreed to develop an investment programme to reduce the state railway's energy consumption and CO2 emissions at a meeting on May 17. EBRD will provide assistance for projects including an automated fuel control system, and will consider providing US$100 to ...
KAZAKHSTAN: Russian intermodal freight operator TransContainer announced on March 21 that it had taken control of a majority stake in Kazakh container terminal operator JSC KedenTransService, with an eye to expanding rail’s share of the transit market for containers moving between Asia and Europe. As well as providing cargo handling ...
GERMANY: Financial aid earmarked for national operator Deutsche Bahn in the form of a €5bn equity increase as compensation for the effects of the Covid-19 pandemic constitutes unfair state aid under European Union law, according to Netzwerk Europäischer Eisenbahnen, an association of around 60 independent rail freight ...
FRANCE: Passenger trains on the Saint-Dié-des-Vosges – Épinal line are expected to resume running in 2025 under plans unveiled by the Grand Est regional authority on July 29.
Rail Baltica. EUROPE: The European Commission said there was a ‘very strong emphasis’ on rail in the list of 140 transport projects which are to receive almost €2·2bn of Connecting Europe Facility grants announced on July 16. A total of 55 rail infrastructure projects on ...
