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 ...
ITALY: A €300m scheme to provide direct government grants for the acquisition and installation of ETCS onboard equipment has been approved by the European Commission under EU state aid rules. The programme running to the end of 2026 aims to encourage passenger and freight modal shift ...
BRAZIL: The Federal Ministry of Transport has announced that a number of privately-funded rail projects will qualify for tax exemptions under the REIDI programme intended to encourage infrastructure investment. Details of the qualifying projects were published in the Official Gazette towards the end of April. Three ...
AFRICA: Transport ministers from Côte d’Ivoire, Burkina Faso, Niger, Benin and Togo have agreed an action plan for the development of an international rail network. The proposed network connecting the cities of Abidjan, Ouagadougou, Niamey, Cotonou and Lomé would have a total length of 3 034 ...
