GERMAN Rail (DB) and Georgian Railway (GR) are looking to strengthen the European and Asian multimodal transport corridors with the signing of an agreement in Berlin on June 12 which lays the foundation for future joint projects in the rail freight sector.
HEADS of state from Turkey, Azerbaijan and Georgia convened at the Port of Baku on October 30 for a ceremony marking the official completion of the 826km Kars - Tbilisi - Baku railway.
STADLER CEO Mr Peter Spuhler has signed a memorandum of understanding with Georgia’s minister of economy and sustainable development, Mr Giorgi Gakharia, paving the way for the Swiss rolling stock manufacturer to set up a plant in the country.
THE government of Azerbaijan has secured a €277m loan from a consortium of Societe Generale, BNP Paribas and the French branch of HSBC Bank to purchase 50 locomotives for use on the Baku - Tbilisi - Kars line.
POLISH broad-gauge railway PKP LHS has signed a declaration of access to the Trans-Caspian international transport route (TCITR), which links China with Europe via Kazakhstan, Azerbaijan, Georgia, and Ukraine.