CHINA Railway Corporation (CRC), the state-owned body that has assumed responsibility for the former Ministry of Railways commercial activities, has announced a plan to raise fixed-asset investment to Yuan 660bn ($US 97.88bn) this year to boost railway construction.
TURKISH Prime Minister Mr Recep Tayyip Erdogan formally launched test operation of the Marmaray link between the Asian and European sides of Istanbul on August 5, when he took the driver's seat for a historic first trip beneath the Bosphorus.
INFRASTRUCTURE Leasing and Financial Services Rail (IF&LS), the Indian company which holds the PPP concession to build the metro in Gurgaon south of Delhi, has awarded Siemens a turnkey contract worth around Rs 5.65bn ($US 92m) to supply signalling, electrification, and rolling stock for the second phase of the network.
A concerted effort by Korail to improve safety management and reduce train failures and human error has been hailed a major success. As Lee Min-cheor of Korail's International Cooperation Department explains, the performance of flagship high-speed services has improved markedly.
India's prime minister Mr Manmohan Singh was understandably upbeat in June when he inaugurated a critical component of a challenging project to build the first railway in the Kashmir valley. But, as Raghav Thakur reports, the new line is already five years late, and there are doubts whether it will be completed by the current December 2017 deadline.
On March 17 the Ministry of Railways nameplate on its main office in Beijing was torn down to be replaced by that of China Railways Corporation, marking the MOR's demise. Qi Zhongxi and Yang Jianxiang of China Features explain the new setup and the outlook for the new railway.