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: A memorandum of understanding setting out plans to establish a US$90m diesel engine manufacturing plant in Astana was signed by GE Transportation, TransmashDiesel and national railway KTZ on May 23. The parties plan to form a joint venture which would produce around 400 Evolution Series engines a year for ...
KAZAKHSTAN: A €230m framework for Siemens to supply electrification equipment and assist with the modernisation of more than 40 traction substations was included in a series of trade agreements signed when President Nazarbayev visited Germany in February. Siemens signed the agreement with Kazakh national railway KTZ and the TemirZhol Electrification ...
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 ...
EUROPE: Harmonised procedures have come into force making the EU Agency for Railways the single certification body for train operators and rolling stock used in international service, as well as for the approval of ERTMS trackside equipment. October 31 was the formal deadline for EU member ...
CZECH REPUBLIC: The European Commission has reached a preliminary view that incumbent state passenger operator České Dráhy may have engaged in predatory pricing in breach of EU rules on the Praha – Ostrava route in 2011-19.
EUROPE: A regulation permitting European Union member states to waive or defer track access charges in order to support the rail sector through the coronavirus pandemic has been formally adopted by the EU Council and European Parliament.
