Financial Archives - Page 203 of 388 - International Railway Journal

Financial

November 30, 2020 | Africa

Camrail signs MoU to increase freight capacity on Douala line

CAMEROON’s infrastructure manager Camrail has signed a Memorandum of Understanding (MoU) with Australian mining company Canyon Resources to increase capacity between Canyon’s mine in Minim, Martap, to the Atlantic port of Douala, on the approximate 800km Ngaoundere - Douala line.

November 30, 2020 | High-speed

Adif AV tenders €131m signalling contract for Madrid - Seville line

SPAIN’s high-speed infrastructure manager, Adif AV, has published a tender for a €131m contract to upgrade signalling on the 472km Madrid - Seville high-speed line.

November 29, 2020 | Infrastructure

Thailand awards contract for standard-gauge project

STATE Railway of Thailand (SRT) has awarded a Baht 50.6bn ($US 1.7bn) contract for the Bangkok - Nakhon Ratchasima 1435mm-gauge rail project to a partnership of China Railway Group (CREC) and the China Railway Design Corporation (CRDC).

November 28, 2020 | Asia

Korail awards signalling contract to Hyundai Rotem

KOREAN national operator Korail has awarded a Won 9.6bn ($US 8.7m) contract to Hyundai Rotem to install Korea Train Control System (KTCS-M) signalling for a pilot project on a 6.6km section of Seoul Metro’s Ilsan Line, which is part of Line 3.

November 28, 2020 | Fleet

Croatian Railways orders 21 EMUs

CROATIAN Railways’ (HZ) subsidiary operator HZ Passenger Transport (HZPP) has awarded a Kunas 845m ($US 133.7m) contract for the supply of 21 EMUs to Zagreb-based Koncar EV.

November 27, 2020 | Infrastructure

IRJ In-Brief - Projects: Maya Train supervision contract; Shenzhen Metro tenders Line 12 signalling; Glasgow Subway maintenance deal

Mexico: The Mexican government has awarded a two-year contract for the supervision of works on the 257km Section 4 of the 1500km Maya Train project to a consortium of Egis, France, and Mexican firms Triada and Transconsult.

November 27, 2020 | High-speed

Montpellier - Perpignan HS set for public inquiry in 2021

FRANCE is set to launch a public inquiry in autumn 2021 into the construction of the 150km high-speed line between Montpellier and Perpignan.

November 27, 2020 | Infrastructure

Melbourne airport rail route confirmed

THE Australian federal government and state government of Victoria have finalised the route for the planned Melbourne airport rail link, effectively rejecting a proposal from a private consortium to construct a $A 5bn ($US 3.69bn) 6km dedicated tunnel between the city and West Footscray.

November 27, 2020 | Central/South America

São Paulo’s CPTM awards Line 7 technical services contract

SÃO Paulo Metropolitan Trains Company (CPTM) has awarded Systra a contract to provide specialised technical services for the supervision of modernisation work on the Line 7/Ruby commuter line.

November 26, 2020 | Policy

EC approves Austrian Covid relief measures for operators

THE European Commission has approved two Austrian government measures to support the rail freight sector and another to support passenger operators impacted by the coronavirus pandemic.

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