IRJ at BCN Rail: SPAIN's secretary of state for transport Mr Isaías Táboas Suárez says that the days of the government entirely funding Spain's rail projects are over. Speaking today at the opening session of BCN Rail in Barcelona, Táboas says it is essential that new funding models are found to complete the nation's railway infrastructure projects. "Spain has allocated Euros 8bn in the 21st century to Renfe and Euros 54bn for rail infrastructure to the Ministry of Public Works," Táboas says. "We have made huge investments but these cannot be repeated in the coming years."
TRANSNET, South Africa's national transport company, has brought forward to the next two years rail and port projects worth Rand 6.1bn ($US 755m) previously scheduled for the tail-end of its Rand 110.6bn five-year capital investment plan.