Sunday 28 May 2017
 
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railway

Russia, Iran sign $1.28bn railway electrification deal

Russia and Iran have signed a €1.2-billion ($1.28 billion) contract for the electrification a key railway line in Iran, a report said. Russian Railways' export business RZD International and Islamic Republic of Iran Railw

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Saudi Arabia readies design for 950-km railway project

Saudi Arabia has completed the detailed design of its 950-km Land Bridge railway project which will link the country's major cities Jeddah and Riyadh, said a report. To be developed on a build, operate and transfer (BOT) scheme, the

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Mena railway supply market to grow 3pc annually

Industry players are upbeat about the region’s railway supply market prospects, noting that the sector will grow about three per cent annually in the next four years, a report said.   Helmut Scholze, partner at Roland Be

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Mena railway supply market to grow 3pc annually

Industry players are upbeat about the region’s railway supply market prospects, noting that the sector will grow about three per cent annually in the next four years, a report said.   Helmut Scholze, partner at Roland Be

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Qatar World Cup infrastructure projects on fast track

All the infrastructure development works related to the Fifa World Cup 2022 are being carried out at a steady pace with more than 50 per cent of the ambitious railway project already completed, said a report. About 90 per cent of

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Iran, Germany ink tie-up for locomotive production

Iran has signed a deal with Germany to cooperate on the production of 50 diesel locomotives for use in the Iranian rail network, a report said. The locomotives will be jointly produced by Germany's engineering giant Siemens an

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Tanfeedh moots minerals railway line

Oman’s Tanfeedh, a national programme for enhancing economic diversification, has proposed a public-private-partnership (PPP) model for setting up a dedicated minerals-based railway freight line, said a report. The proposal

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German railway firm plans to use NSTC for trade to Iran

Deutsche Bahn, a leading German railway company, plans to use the International North-South Transport Corridor (NSTC) and begin delivering goods from Europe to Iran via Azerbaijan Republic, said a report. Representatives of the Ge

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India to merge rail and federal budgets

India will merge its railway budget with the annual federal budget from the next fiscal year, ending a nearly century-long practice and easing the way for the government to cut populist subsidies and push through structural reforms.

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South Korea keen to invest in Iran rail projects

South Korea is keen to invest in rail projects in Iran, it was revealed following a visit by a delegation of experts from the country to Iran. The team studied investment prospects in the sector, the CEO of Iran's Construction

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