Tuesday 24 April 2018
 
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rail projects

Mena to award $16bn rail project deals in 2018

The governments in the Middle East and North Africa (Mena) region are likely to award railway project contracts worth $16 billion this year, said a new study released ahead of a major industry event in Dubai, UAE. Middle East Rail

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Mena to award $16bn rail project deals in 2018

The governments in the Middle East and North Africa (Mena) region are likely to award railway project contracts worth $16 billion this year, said a new study released ahead of a major industry event in Dubai, UAE. Middle East Rail

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Alstom wins Iraqi metro, rail project contracts

Alstom, a world leader in integrated railway systems, has signed an agreement with Iraqi government for the development of urban transport in the country. The MoU covers two major projects - a 20-km elevated train in Baghdad and d

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Saudi Arabia seeks private players for big rail projects

In a major move, the Saudi Public Transport Authority (PTA) has opened its doors for the private sector, inviting global pioneering companies to partner in the construction and operation of railways in the kingdom, said a report.

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$240bn GCC rail projects in pipeline, says report

The total value of GCC railway projects in the pipeline stands at more than $240 billion at present, with $69 billion worth of projects currently under construction, according to a report. In terms of overall expenditure on rail,

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$240bn GCC rail projects in pipeline, says report

The total value of GCC railway projects in the pipeline stands at more than $240 billion at present, with $69 billion worth of projects currently under construction, according to a report. In terms of overall expenditure on rail,

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Iran rail projects to get $500m Azeri funding

Azerbaijan has agreed to open a $500 million credit line to finance the Rasht-Astara railway project in Iran, said a report. The Rasht-Astara railway is a section of the Qazvin-Rasht-Astara railway, which is currently under constr

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Autodesk eyes major role in Mena rail projects

Autodesk, a global leader in 3D design, engineering and entertainment software, said it aims to play a key role in the move to design, visualise and create futuristic rail networks across the Middle East and North Africa (Mena) region.

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GCC to invest over $200bn in rail projects

The GCC governments will be investing more than $200 billion in railway projects in the region which will see the laying of 40,000 km of railway lines, said Dr Ahmed Bin Mohammed Bin Salim Al Futaisi, the Minister of Transport and Communications

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Railways constitute one-third of GCC transport projects

Rail projects account for 32 per cent of the total GCC transportation developments valued at $298 billion, according to recent reports. Transportation makes up to 20 per cent of the total construction spend in Saudi Arabia where n

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