Track doubling of the 90km section between Lodhran and Khanewal has been completed at a cost of Rs 3.3bn ($US 36.3m).
LOCOMOTIVE components and freight wagons are to be manufactured in India through a joint venture between UGL, Australia, and Texmaco Rail & Engineering using the latter's facility in Kolkata.
BRAZILIAN ethanol and sugar company The Cosan Group has acquired 38 million shares in freight operator Latin American Logistics (ALL) for $US 521m, almost double the market price.
Rift Valley Railways (RVR), the concessionaire which operates the Kenya-Uganda Railway, has received the first $US 49m tranche of a $US 168m loan secured from the International Finance Corporation last year. CEO
CAF has secured a Riyals 553m ($US 147.5m) contract with Saudi Railways Company (SAR) to supply five push-pull diesel passenger trains for the North-South Railway.
The Swiss Federal Council has recommended payments of SFr 6.62bn ($US 7.44bn) to maintain Switzerland's railway infrastructure under the terms of the 2013 - 2016 performance agreement with Swiss Federal Railways (SBB).
Harsco has secured orders worth over $US 25m from customers in the United States, Canada and Australia for Mark VI ballast tampers, ballast regulators, and track stabilisers.
Iron Ore Company of Canada (IOC) has secured an $US 83.1m loan guarantee from the Export-Import Bank of the United States to purchase six EMD locomotives built in the United States,
CAIRO added a third line to its metro network on February 21, with the opening of the initial 4.3km five-station section of Line 3 between Abbasiya and an interchange with Line 2 at Attaba.
Bombardier Transportation Australia has awarded Balfour Beatty Rail a $A 14m ($US 14.6m) contract to provide the overhead catenary system for the first 13km phase of the Gold Coast LRT.
