ONCF receives EUR 80 million to complete Tangiers-Casablanca HSR

The French Development Agency (AFD) has granted a loan of EUR 80 million to the National Office of Moroccan Railways (ONCF) to finance the final installment of the project high-speed line Tangiers-Casablanca.   „The implementation of this financing brings the contribution of AFD to more than EUR 300 million and that of France to more…

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Alstom’s first passenger locomotive for Azerbaijan presented

October 9, 2017 Alstom presented its first Prima M4 passenger locomotive for Azerbaijan Railways (ADY) in Belfort, France. As part of the contract signed in 2014, ten Prima M4 (AZ4A) passenger locomotives are being manufactured on this site. The locomotives will operate under both 25 kV AC, 50 Hz for the East-West corridor and under…

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China Rail Cons wins Fuzhou metro line 5 contract

China Rail Cons announced that it has won the bid for the construction general contract (Section III) for the Fuzhou Metro Line 5 (Phase I). The city is the capital of Fujian province. The contract has a construction period of more than 4 years. The total bid price amounted to approximately RMB4.227 billion (EUR 536…

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China Rail Cons wins Fuzhou metro line 5 contract

China Rail Cons announced that it has won the bid for the construction general contract (Section III) for the Fuzhou Metro Line 5 (Phase I). The city is the capital of Fujian province. The contract has a construction period of 1,553 calendar days. The total bid price amounted to approximately RMB4.227 billion (EUR 536 million).…

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Bangladeshi, Chinese firms sign joint venture pacts to build railway

Photo taken on Sept. 16, 2017 shows the site of a railway-build agreement signing ceremony between Bangladeshi and Chinese firms, in Dhaka, Bangladesh. Two Bangladeshi and two Chinese firms have signed two joint venture pacts to build over 100-kilometer rail lines and required infrastructure in the country’s southeast Cox’s Bazar district bordering Myanmar. (Xinhua/Salim Reza)…

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First PPP financing deal signed for China’s high-speed railway

HANGZHOU, Sept. 11 (Xinhua) — China’s first public-private partnership (PPP) funded high-speed railway saw its financing contract signed on Monday. Fosun Group leads the consortium of eight private firms that hold 51 percent stake in the Hangzhou-Shaoxing-Taizhou project. State-owned China Railway, Zhejiang Communications Investment Group, and local government hold the rest. The 269-km railway project…

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China-Arab States Expo: China high-speed railway on fast track

Guests experience simulated driving of high-speed train at an achievement exhibition on the technology of China’s high-speed railway during the China-Arab States Expo 2017 in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, Sept. 6, 2017. (Xinhua/Zhang Chen)   People visit an achievement exhibition on the technology of China’s high-speed railway during the China-Arab…

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China’s summer railway transport peak period ends

BEIJING, Aug. 31 (Xinhua) — China’s summer transport peak period ended Thursday, with nearly 600 million of passenger trips made by train this year, according to China Railway Corporation. The period runs from July 1 to August 31, when students on summer vacation have time to travel or return home. “During the transport peak, even…

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