ANSALDOBREDA and Chongqing Chuanyi Automation (SICC) have established a joint venture based in Chongqing, China, that will produce and develop electric traction systems, auxiliary services and train monitoring control systems for metro trains.
THE China Development Bank has agreed to lend Transnet, South Africa, approximately $US 5bn to support its planned railway infrastructure rehabilitation programme which is worth over Rand 300bn ($US 33.82bn) over the next seven years.
VOITH Engineering Services has been awarded a contract worth around €7m to develop a low-floor LRV for Xiangtan Electric Manufacturing Group, China.
CONSTRUCTION has been completed of the first metro line in the Chinese city of Harbin and a fleet of 17 six-car trains has been delivered by CNR Changchun Railway Vehicles ready to start trial operation.
THE new China Railway Corporation (CRC) has now been launched and China's last railway minister, Mr Sheng Guangzu, has been appointed general manager. This follows the government's decision earlier this month to abolish the Ministry of Railways (MOR).
CHINA's Export – Import Bank has signed a $US 278.2m loan agreement with the Sri Lankan government to finance the 115km extension of Sri Lanka Railways' Colombo – Galle – Matara line along the island's south coast to Kataragama.
CHINA's Ministry of Railways (MOR) and the country's transport ministry are set to be merged, under plans reportedly agreed this week by the country's new leadership.
SUDANESE Railway Corporation (SRC) is reportedly in negotiations with Ukraine, Korea, and China as it prepares to issue a tender in the next few months for 10 locomotives as well as track materials to rehabilitate about 1000km of railway. The project could be worth up to $US 500m in its initial stages.
CSR Ziyang, China, has won a Rs 10.8bn ($US 110.5m) contract from Pakistan Railways (PR) for 50 diesel-electric locomotives. The first 10 locomotives are due to be delivered by the end of this year while the rest will be shipped to Pakistan by the end of May 2014.
MTR celebrated the start of operations on Hangzhou Metro Line 1 in November, its seventh project outside of Hong Kong. And as deputy CEO Lincoln Leong explains to Kevin Smith, the company is committed to strengthening its external presence over the next few years.
