State-owned railroad operator Russian Railways (RZD) is involved in negotiations on carrying out railroad construction projects in Kenya, the company’s President Vladimir Yakunin told reporters. “This is about setting up commuter traffic around the capital (Nairobi) and constructing a railway connecting the port with inland manufacturers,” he noted, declining to elaborate. He went on to [...]
Hitachi Group has completed a due diligence on the acquisition of 50% of AnsaldoBreda, the train manufacturing unit of Finmeccanica Group. The two parties might sign the agreement on the takeover of the stakes and decide on the acquisition price of 50% of AnsaldoBreda by June. AnsaldoBreda is one of the large rolling stock manufacturing [...]
Bombardier Transportation announced it has won an order from Bure for seven BOMBARDIER TRAXX F140 AC locomotives. Bure has purchased these locomotives to lease them to train operator RushRail AB. The locomotives are designed for freight transport in Sweden and Norway, with delivery expected in the fourth quarter of 2012. The contract is valued at [...]
Saudi Arabian authorities have launched a tender process to develop a new metro transit system in the capital Riyadh. “Global consortia” were invited to bid to provide infrastructure including rolling stock and telecommunications, as well as tunnelling, civil, mechanical and electrical works. Suppliers have until 20 June 2012 to submit their applications for pre-qualification to [...]
Denmark has approved the first light-rail line in Aarhus. Post the approval, the Aarhus Letbane joint venture of the Aarhus municipality, Danish Ministry of Transport, and the Midtjylland region can now be formally established as the project promoter, and thereafter the tendering process can be launched. Phase I of Line 1 will involve the construction [...]
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