The Colombian government is studying two options for financing the 330km Carare coal railway, following the completion of feasibility studies in March.
The National Planning department says a public or privately-funded initiative would be acceptable. Votorantim Metais, a Brazilian company which controls the local PazdelRío steelmaker has signed a partnership deal with Corporcarare Corporation to take the project forward.
Indian Railways (IR) has agreed to be included in the southern corridor of the planned Trans-Asian Railway network.
As a result, IR will need to build a 97km rail link between Jiribam and Tupul at an estimated cost of Rs 30bn ($US 586m) under the first phase of the project.
North-West Railway has been granted a permit to build a 554km $US 1bn line from Chingola to Jimbe on the Angolan border.
Financial advertisers Tagos Group says negotiations with financial backers should be completed by the end of the year to enable construction to start next year.
Vossloh Cogifer has developed maintenance-friendly switch machines for use on standard sleepers or in box sleepers, thereby allowing automatic tamping of the trackbed. Their latest application is on two very different railways: a heavy-haul line in northern Sweden and on the recently-completed Ankara - Konya high-speed line in Turkey.