Thursday 28 March 2024
 
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rail project

Iran-Afghanistan rail project on fast track

Work on the Iran-Afghanistan railway project is progressing at a steady pace with the network, linking the two neighbours, due for completion early next year, said a report, citing a senior official. This comes as part of Iran'

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Iran-Afghanistan rail project on fast track

Work on the Iran-Afghanistan railway project is progressing at a steady pace with the network, linking the two neighbours, due for completion early next year, said a report, citing a senior official. This comes as part of Iran'

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Top global firms vie for Oman rail project

Major rail contractors from Spain, Italy, China, Turkey, South Korea, Germany and France are vying for lucrative construction contracts linked to Segments two, three and four of Oman’s ambitious National Railway Project, said a report.

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Drake & Scull eyes big GCC rail contracts

UAE-headquartered contractor Drake & Scull said one of its subsidiaries has entered into strategic partnerships with industry experts to grab a major share of the billion-dollar railway infrastructure contracts in the GCC region.

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Oman to start work on big road, rail projects

Oman will soon start work on the first line of its ambitious railway project connecting Buraimi to Sohar and also award contracts for key road projects as part of its plans to boost the sultanate's transport sector, said a report.

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GCC planning $100bn rail projects

The countries in the Gulf region are set to spend over $100 billion on setting up modern rail networks connecting all countries of the Arabian Peninsula, said an expert citing study reports. These projects will in turn help transform trans

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IDB seeks funding for Jordan rail project

Saudi-based Islamic Development Bank (IDB) is in talks with several global financial institutions to secure funds for Jordan's ambitious $5 billion railway project, said a report. The project is set to change the re

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Astaldi may bid for Turkish rail projects

Astaldi, Italy's No. 2 builder, wants to build hospitals, railways and power plants in Turkey because of its rapid economic growth and strategic position between Europe and Asia, Chairman Paolo Astaldi said Thursday. Astaldi is also intere

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Riyadh may delay $7bn landbridge rail project

Riyadh may delay the $7 billion landbridge rail project amid speculation the government will step in to wholly fund the plan instead of opting for an initial 50-year build-operate-transfer deal financed through debt, said a report. The Sau

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UAE railway project wins approval

The UAE government has given the green light to its ambitious $3 billion railway project, that will link all the seven emirates, and will start seeking tenders by 2015, said a news report. The emirates-wide rail network, which wi

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