China: In a pilot private financing scheme, 60% of the 775m yuan cost of a 45 km line expected to open in 2006 is to come from bank loans. A 32·5% stake in the Quzhou Changshan Railway Co will be owned by the private Changshan Cement Co, with the Ministry of Railways having 35% and the local government 32·5%.
France: On March 10 the RFF board voted to put in place a financing package for the eastern section of TGV Rhin-Rh
INDIA: Spain’s Ministry of Transport & Sustainable Mobility has signed a memorandum of understanding to support Indian Railways in developing and upgrading its network. The initial agreement runs for five years, when a number of pilot projects are envisaged, to be followed by automatic annual renewals. ...
UK: The annual Rail Business Awards which recognise and reward excellence across every aspect of the industry will be back in Manchester in 2025.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
