Asia Archives - Page 147 of 335 - International Railway Journal

Asia

February 3, 2020 | Financial

India announces $US 22.4bn 2020-21 rail budget

INDIA’s finance minister, Ms Nirmala Sitharaman, announced an outlay of Rs 1610bn ($US 22.4bn) for Indian Railways (IR) for the 2020-21 financial year on February 1, including a gross budgetary support of Rs 700bn. This is up slightly from the Rs 1600bn provided for 2019-20.

January 31, 2020 | Financial

European Investment Bank lends €600m for Pune metro

THE European Investment Bank (EIB) has signed a €600m loan agreement with Maharashtra Metro Rail Corporation (Maha Metro), including a first tranche of €200m, to finance two new metro lines currently under construction in the city, as well as 30 stations and 102 metro cars.

January 31, 2020 | Metros

Thailand approves $US 4.4bn Bangkok metro Orange Line

THAILAND’s cabinet has approved the Baht 140bn ($US 4.4bn), 16.4km first phase of the Orange Line, which will link the Thailand Cultural Centre with Bang Khun Non in Bangkok.

January 31, 2020 | Metros

Taipei launches fully-automated metro line

SERVICES on the first 15.5km section of Taipei’s fully-automatic MRT Circular Line from Wugu Industrial District to an interchange with the metro Green Line at Dapinglin were launched on January 31.

January 30, 2020 | Infrastructure

Russian network renewals help increase line speeds

RUSSIAN Railways (RZD) overhauled 6400km of track in 2019, including the complete replacement of rail on sections totalling 1900km. The railway also installed 3000 new points and upgraded signalling infrastructure covering 145km of line and 339 points.

January 30, 2020 | Metros

Jaipur Metro completes important link

A seven-year project to connect New Jaipur, the capital of India’s western state of Rajasthan, with the Old City by a 2.4km underground metro line has been completed.

January 29, 2020 | Asia

IR looks to partial privatisation to boost investment

Managers with Indian Railways (IR) seem driven these days by by looking at partial privatisation to boost investment when problems become big, the exit is the best route.

January 28, 2020 | Technology

JR East set to roll out new Shinkansen catenary system

EAST Japan Railway Company (JR East) has released details of a new catenary system, which the railway is set to install on sections of the Tohoku and Joetsu Shinkansen beginning this year.

January 28, 2020 | High-speed

Coronavirus: China National Railway cuts services and Hong Kong set to halt cross-border traffic

CHINA National Railway (CR) has introduced a five-step plan to help prevent the spread of Coronavirus including cancelling more than 250 services as Hong Kong’s government announced plans on January 28 to limit cross-border rail crossings from mainland China from midnight on January 30.

January 22, 2020 | Commuter Rail

Ricardo to provide system engineering support for Seoul Great Train eXpress project

SG Rail, the special purpose company designing, financing and building Seoul’s Great Train eXpress (GTX) high-speed regional rail network, has appointed Ricardo to provide system engineering support during construction of GTX Line A.

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