RUSSIAN Railways (RZD) reported a 4.1% year-on-year increase in revenues across its 192 subsidiaries to Roubles 1.082 trillion ($US 18.99bn) in the first six months of 2017, with the result underpinned by strong freight and track access revenues.
FOLLOWING three years of construction, the Chinese city of Chengdu celebrated the opening of the 10.9km metro Line 10 on September 6.
THAILAND’s government has signed two contracts worth a combined Baht 5.2bn ($US 157.1m) with Chinese state enterprises for the first phase of the Bangkok - Laos high-speed rail project.
THE Indian government confirmed on September 5 that Mr Piyush Goyal will replace Mr Suresh Prabhu as the country’s railways minister.
A host of national and regional dignitaries gathered to inaugurate Lucknow’s first metro line on September 5 ahead of the official opening to the public on September 6.
THE mayor of Seoul Mr Park Won-soon attended a ceremony to mark the opening of the latest addition to the city’s metro network, and the its first light metro, the Ui Line on September 2.
THE Chinese city of Kunming opened its fourth metro line on August 29, taking the total length of the network to 87.2km.
CHINA’s railway network carried a record 592 million passengers during the summer peak period from July 1 to August 31, a year-on-year increase of 9.6%, according to China Railway Corporation.
AMIDST continuing rises in China-Europe intermodal rail freight traffic, RZD Logistics and its sister company Far East Land Bridge reported a 1.8-times year-on-year increase in overall intermodal traffic in the first six months of 2017.
THE Bangladesh cabinet approved the awarded of contracts on August 23 for lots 1 and 2 for the construction of a 108km dual-gauge single-track railway linking Dohazari and Cox’s Bazar to two Chinese joint ventures, as they were the lowest bidders.