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.
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.
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.
FRANCE: National transport regulator ART and rail safety authority EPSF have agreed to strengthen their co-operation in preparation for opening up of the domestic rail market to competition, the two organisations announced on July 7.
GERMANY: The federal government underlined its commitment to investment in the rail sector to enable a significant increase in market share during a Rail Summit hosted by the Federal Ministry of Transport & Digital Infrastructure in Berlin on June 30.
INTERNATIONAL: The International Union of Railways’ coronavirus task force has published its third document on the sector’s response to the crisis, focusing on how the rail industry fought Covid-19 during lockdown periods and looking at the mitigation measures put in place to stop the spread of ...
