SOUTH Africa's government has agreed to inject Rand 137bn ($US 19.96bn) in Passenger Rail Agency of South Africa's (Prasa) rolling stock and infrastructure investment programme.
TRANSNET, South Africa's national transport company, has brought forward to the next two years rail and port projects worth Rand 6.1bn ($US 755m) previously scheduled for the tail-end of its Rand 110.6bn five-year capital investment plan.
The first Vossloh Euro 4000 locomotive for Israel Railways arrived in the country from Spain last month.
Latvian Railways subsidiary, LDZ Rolling Stock Service, presented the first rebuilt ChME3 Co-Co diesel locomotive at the 1520 Strategic Partnership conference in Riga.
GERMAN Rail (DB)and private German passenger operators are establishing framework contracts with chosen suppliers ahead of future regional passenger rolling stock tenders.
KIWIRAIL plans to devalue its assets to more accurately reflect their productive earnings value.