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July 14, 2010
|
News
Rail is top priority in French transport plan
THE French government expects to complete by the end of the year its new National Transport Infrastructure Plan (Snit) which envisages an investment of Euros 170 billion over the next 20 to 30 years of which almost 52% will be for rail. Snit forms part of the so-called Grenelle Environment initiative and seeks to transfer 10 billion tonne-km of freight from road to rail by 2030, 2.5 billion passenger-km from road to rail, and 2 billion passenger-km from air to rail. This should reduce CO2 emissions by 2 million tonnes per year.
July 14, 2010
|
News
Titagarh Wagons acquires Arbel Fauvet
TITAGARH Wagons, India, has confirmed that it has purchased financially-troubled private French freight wagon manufacturer, IGF Industries-Arbel Fauvet Rail (AFR) in a Euros 15 million deal, Euros 2 million of which is for the company's assets.
July 13, 2010
|
News
China to invest $US 10 billion in Argentine rail projects
THE Chinese government has agreed to invest $US 10 billion in 10 different railway projects in Argentina despite a continuing trade dispute between the two countries. The agreement was reached today during a visit to Beijing by Argentina's president Mrs Cristina Fernández de Kirchner.
July 12, 2010
|
News
RFF ploughs Euros 4 billion into Paris infrastructure
FRENCH Rail Network (RFF) has announced plans to invest Euros 4 billion to improve infrastructure in the I'lle-de-France region centred on Paris in a move it says will reduce delays caused by infrastructure problems by 30% by 2012.
July 12, 2010
|
News
Alstom secures Le Havre LRV contract
ALSTOM has won a Euros 42 million contract from the Metropolitan Community of Le Havre (Codah) to supply 20 Citadis LRVs for the city's first light rail line.
July 9, 2010
|
News
Egis to manage Moroccan high-speed project
MOROCCAN National Railways has awarded a consortium of Egis and Moroccan partner Ingema the contract for design and construction management on the 87km northern section of the Kenitra - Tangiers high-speed line. Both Egis Rail and Egis Structures & Environment will be involved in the project until 2013.
July 8, 2010
|
News
French pushing towards rail freight targets
FRANCE'S secretary of state for transport Mr Dominique Bussereau met today the national railfreight monitoring committee and praised the progress of schemes included in the Euros 7 billion programme announced last September to increase the share of non-road freight transport.
July 7, 2010
|
News
Mumbai suburban rail receives World Bank funding boost
PLANS to improve Mumbai's suburban railway system have received a major boost after the World Bank agreed to a $US 430 million loan for the project.
July 7, 2010
|
News
Transnet secures loan to aid investment programme
THE African Development Bank (ADB) has approved a loan of up to $US 400 million to help Transnet, South Africa, fund some of the rail projects included in its five-year, Rand 93.4 billion ($US 12.21 billion) capital investment programme. The group plans to spend a record Rand 22.8 billion in 2010-11 most of it on rail related infrastructure.
July 6, 2010
|
News
British Inter-city Express Programme delayed again
BRITAIN'S secretary of state for transport Mr Philip Hammond told parliament today that a decision on the future of the £7.5 billion Inter-city Express Programme (IEP) is to be delayed until October to coincide with the coalition government's spending review.
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