Wednesday, April 24, 2019

Tag: Railway

Malaysia-China sign historic 14 agreements worth RM144b

PM Najib Razak says it is the biggest ever recorded with his official visit overseas and a historic achievement for both countries. Malaysian and Chinese companies made history today with the signing of 14 agreements worth RM144 billion. Prime Minister Najib Razak said the amount was the biggest ever recorded in...

Malaysia to award $18.3b KL-Kelantan rail project to China

Malaysia is awarding a RM55 billion (S$18.3 billion) rail project to China Communication Construction Company (CCCC), just two weeks after Prime Minister Najib Razak made public the plan to build the Kuala Lumpur-Kelantan line. The 620km mega project will be the third involvement of China firms in major projects in...

Ethiopia has a lot riding on its new, Chinese-built railroad to the sea

ADDIS ABABA, Ethi­o­pia — The sleek, white train glides through the hilly Ethiopian countryside, the first to travel this route in nearly a decade. The contrast is stark as the new, Chinese-made electric train passes horse-drawn carriages, oxen hauling plows and crowds of curious village children. But soon it crosses...

Putin Praises ‘All-Embracing’ Partnership of Russia, China

Russian President Vladimir Putin on Saturday emphasized economic ties with China and praised what he called Russia's "all-embracing and strategic partnership" with its neighbor, during a visit to Beijing that takes place against the background of a drop in trade and lingering mistrust. Putin told Chinese Premier Li Keqiang that...

Troubled Russia Tries to Exploit Links to China

Putin to visit Beijing in bid to boost trade and ties as Russian economy struggles from Western sanctions. Russian President Vladimir Putin will try to bolster trade and economic ties when he visits China on Saturday to meet Chinese President Xi Jinping, as Russia’s economy struggles amid Western sanctions and...

China, Russia expected to sign multibillion dollar high-speed rail deal during Putin’s visit to...

A multibillion-dollar high-speed rail deal between China and Russia is expected to be signed during Russian president Vladimir Putin's visit to Beijing this week, when the two nations are expected to extend military cooperation. China’s foreign ministry spokesman Lu Kang announced on Monday the Putin would start his state visit...

Russian Railways develops new freight services for Europe – China route

The creation of necessary conditions for accommodating the growing transport demand on Europe – Asia route represents a priority for transport, said Oleg Belozerov, President of Russian Railways, at the International Conference Railway Business at Transit Speed (Shanghai, China). Russian Railways is actively involved in the integration of Baikal-Amur Railway...

China’s High-Speed Rail Diplomacy

Beijing Sets its Sights on the U.S. Market. A sense of uncertainty hangs over American infrastructure, as the United States muddles through with its aging nuclear plants, careworn bridges, and potholed highways. In past eras, the United States excelled at building major projects; now, it lags behind other countries. That...

Estonian, Latvian and Lithuanian Baltic Sea ports face historic lull

The ports of Estonia, Latvia and Lithuania are facing a lull in activity, with cargoes from the east into Europe and from the West into Russia finding new routes to circumvent Baltic ports. This according to Russian news journal PolitRussia, which suggests it could also have catastrophic consequences for the...

China to build 400km/h train for Russia’s high-speed railway

China is developing a new generation of trains capable of reaching speeds of 400 kilometers per hour for Russia's Moscow-Kazan high-speed railway, the China Daily reports. The train... will have wheels that can be adjusted to fit various gauges on other countries' tracks, compared with trains now that need to...

BRICS bank, AIIB ready to follow China by financing Moscow-Kazan high-speed railroad

The total cost of the Moscow-Kazan high-speed railway line is estimated at $16.9 bln, while the section may later be extended to China, connecting the two countries across Kazakhstan. SOCHI, June 3. /TASS/. The New Development Bank BRICS (NDB BRICS) and Asian Infrastructure Investment Bank (AIIB) are ready to follow...

China’s New Silk Road Into Europe Is About More Than Money

Beijing is spending billions on new ports and rail lines, but its ambitions for Europe are as much about geopolitics as commerce. China is actively building out the European portion of its ambitious new “Silk Road” plan, with port deals from Greece to the Netherlands, railroad investments in Greece, Serbia,...

World’s longest rail tunnel to open in Switzerland under Alps

EU heads to take 57km maiden voyage in €11bn Gotthard base tunnel on Wednesday. Measuring 57 km in length, situated 2.3km deep under the Alps and having cost €11bn to complete, Switzerland’s Gotthard base tunnel is more than just the world’s longest and most expensive tunnelling project. At a time of...

The Silk Road railway will not work without Poland

The Ukrainian state-owned railways have recently presented a project of a possible branch of the New Silk Road railway. It would connect Ukraine and Europe with Iran, thereby facilitating commercial contacts with various states of the Persian Gulf and even India. Now they need Poland. For the time being, the launch...

Eurasia Silk Road Economic Transformation

Over recent months I have often written about the potential of China’s strategic One Belt, One Road Eurasian and Asian infrastructure Great Project to act as a global economic transformer toward positive, sustained economic growth. It’s becoming clear by the day that strategic economic planners in Beijing have been...

Red Sea bridge project resurfaces

CAIRO — Egypt and Saudi Arabia have agreed to build a controversial bridge spanning the Red Sea that proponents say could lead Egypt out of its economic crisis. Saudi King Salman bin Abdul-Aziz Al Saud and Egyptian President Abdel Fattah al-Sisi announced April 9 they will build a bridge that...

China Railway links Ethiopia to Red Sea

Nothing could be more symbolic of the decline of Europe and the rise of Eurasia than the construction of a modern railway from the Ethiopian capitol of Addis Ababa to a port on the Red Sea in Djibouti. The Rail line is being built by Chinese Civil Engineering Construction...

In Odyssey for Chinese, Greece Sells Its Fabled Port of Piraeus

With the sale, China’s state-owned COSCO aims to turn a once-sleepy port into the “dragon’s head” of the New Silk Road. Beijing’s ambitions to build a modern-day “Silk Road” connecting China, Central Asia, and Europe took a big step forward Friday when Chinese state-owned shipping giant COSCO finally sealed a...

China develops continent-spanning railroad to Europe

China is pioneering a trans-continental rail service carrying cargo between the Far East and Western Europe with the aim of capturing some of the freight which currently moves by sea and air. China has the financial resources and the economic incentive to build a major transcontinental railroad service within the...

China And The Middle East – Is The Balance Shifting?

Onlookers might have been surprised a few weeks ago to see the Ambassadors of China and Turkmenistan standing side by side in the rather inauspicious surroundings of the Tehran railway station to witness the arrival of a freight train containing small commodities. This was however no ordinary freight train, but...

China is spending nearly $1 trillion to rebuild the Silk Road

Two weeks ago, a 32-container train from Wuyi, China arrived in Tehran, Iran. You might think the arrival of cargo by rail would be no big deal, but in this case you’d be wrong. This was the first journey of its kind between the two cities, and it shortened...

Iran Makes Trade, Not War, with Eurasia

If the intent of the Obama Iran strategy was to woo the great Persian nation to the West in a complex geopolitical game, and turn her against Russia, China and the emerging Eurasian Century being constructed around China’s One Belt, One Road project, it is emerging as another colossal...

200th freight-train from China’s Zhengzhou to Germany’s Hamburg departs

ZHENGZHOU, (Xinhua) - Workers load a cargo train bound for Germany's Hamburg at the railway container station in Zhengzhou, capital of central China's Henan Province, Feb. 25, 2016. The 200th freight-train from Zhengzhou to Hamburg had departed on Thursday. The cargo rail service from Zhengzhou to Hamburg began in...

First Silk Road train arrives in Tehran from China

Tehran (AFP) - The first train to connect China and Iran arrived in Tehran on Monday loaded with Chinese goods, reviving the ancient Silk Road, the Iranian railway company said. The train, carrying 32 containers of commercial products from eastern Zhejiang province, took 14 days to make the 9,500-kilometre (5,900-mile)...

After Piraeus Port, China’s COSCO eyes Greek trains to build Europe hub

ATHENS/SHANGHAI, China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Buying TRAINOSE and...

The Belt and Road Initiative

The Belt and Road Initiative refers to the Silk Road Economic Belt and 21st Century Maritime Silk Road, a significant development strategy launched by the Chinese government with the intention of promoting economic cooperation among countries along the proposed Belt and Road routes. The Initiative has been designed to...

Ukraine tests new shipping route to Asia bypassing Russia

Ukrainian authorities on Jan. 15 launched an experiment that may allow the country to bypass Russia completely when shipping goods to Asia. A demo container train sent from the Illichivsk Port to Kazakhstan is now testing the new trade route. The train will arrive in Kazakhstan in 12 days. On...

China seeking to link Iran to its New Silk Road

Iran is arguably one of China's closest partners in the Middle East. And with economic sanctions on Tehran set to be eased, DW examines China's latest proposal to integrate Iran into its New Silk Road Initiative. Seeking to capitalize on the easing of international sanctions on Iran, China's railway authority...

How One Belt, One Road will give China’s developing neighbours easier access to Chinese-made...

China has experienced unprecedented growth, going from an inward-looking agricultural country to a global manufacturing powerhouse. ‘One Belt, One Road’ creates a land and maritime link to China’s developing neighbours and beyond and their demand for Chinese-made products and materials. By Dennis Wong, Sidney Leng and Moritz Rudolf

Silk Route still has obstacles in Kazakhstan’s red tape

Landlocked nation's bid to become alternative to sea route between China and Europe is hobbled by costly and time-wasting red tape. Kazakhstan wants to establish itself as a major trading hub between China and Europe and get a share of a US$600 billion market, but it will have to drop...

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