July 02, 2009 24/7 News Coverage our time will build eternity
China mulls listing Beijing-Shanghai rail line: state media
Beijing (AFP) June 25, 2009
China is considering a stock market listing for its valuable Beijing-Shanghai railway line to raise funds for the nation's massive rail construction plans, state media said Thursday. The Ministry of Railways is mulling restructuring the line linking the country's two richest cities into a holding company before floating it, the China Daily reported. The report said the line was ... read more

IBM opens railway innovation center in China
San Francisco (AFP) June 11, 2009
IBM on Thursday opened a Global Rail Innovation Center in China where industry leaders, researchers, and universities can collaborate on new railroad technologies. IBM said the Beijing-based center's goal is to make "smarter" rail systems that are faster, safer, cheaper, and more environmentally friendly than those that exist today. The US technology giant has been banking on the future ... more
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  • China to build railways in 19 cities: state media
    Beijing (AFP) May 27, 2009
    China plans to expand its urban rail system nearly fourfold in as it aims to ease traffic congestion and boost economic growth, state media said Wednesday. By 2015, 19 cities will have new rail systems totalling about 2,100 kilometres (1,300 miles), the China Daily said, citing Dou Hao, deputy general manager of China International Engineering Consulting Corporation (CIECC). The ... more

    China to build subway to terracotta warrior museum
    Beijing (AFP) April 13, 2009
    China's ancient capital of Xian is to build an underground line to the museum of the famed terracotta warriors, one of the nation's most prized tourist attractions, state press said Monday. The 30-kilometre (18-mile) line will extend from Xian's city centre to the museum that houses the clay warriors that were buried more than 2,200 years ago near the tomb of China's first emperor, Qin Shihu ... more

    Siemens unveils 750-mln-euro Chinese train contract
    Frankfurt (AFP) March 20, 2009
    The German group Siemens said Friday it had won another Chinese contract for 100 high-speed trains worth 750 million euros (one billion dollars). Siemens "has secured five of the last six contracts on the high speed rail market over 300 kmh (188 mph)" in China, the Munich-based conglomerate said in a statement. The trains would be assembled in China from parts made in German, Austrian an ... more

    Luxury train to Tibet delayed again
    Beijing (AFP) March 16, 2009
    A planned luxury train to Tibet has been postponed for the second time in a year, the operator said Monday, adding the global slowdown -- not simmering tension in the Himalayan region -- was to blame. Tangula Luxury Trains, which was expected to launch high-class tours from Beijing to Lhasa in April this year, said it would delay the start of package holidays on the world's highest railway u ... more

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  • China mulling Taiwan rail link: state media


  • China starts work on Shanghai-Hangzhou fast rail link: govt


  • ETA casts shadow over Basque rail project


  • Mecca monorail deal marks Saudi visit by China's Hu
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    Saudi-China-French group wins Mecca rail project
    Riyadh (AFP) Feb 7, 2009
    A Saudi-French-Chinese consortium has bagged the 1.8 billion dollar civil works contract for the Mecca-Medina high speed railway, a project official said Saturday. The Al-Rajhi construction group together with France's Alstom and China Railway Engineering won the 6.8 billion riyal (1.8 billion dollar) contract, an official of the Saudi Railways Organisation told AFP, declining to be named. ... more

    DLR Working on Next-Gen Trains And Other Energy Technologies
    Bonn, Germany (SPX) Feb 04, 2009
    The German Aerospace Center is one of the leading research institutions in Europe. Its scientific work focuses on safeguarding the environment, mobility, energy supply and security for society, and on finding answers to socially relevant questions in the context of its public-service mission. In pursuit of these objectives, DLR links basic research with innovative applications, thus ... more

    Veolia appeals Stockholm metro contract to Hong Kong's MTR
    Stockholm (AFP) Jan 30, 2009
    A Swedish court has suspended a decision awarding the running of the Stockholm metro to Hong Kong company MTR after French rival Veolia appealed the decision, Veolia said on Friday. "The Stockholm county administrative court has decided to approve Veolia Transport's appeal of Stockholm Public Transport's (SL) decision. This means that the tender offer is suspended," Veolia Transport Sweden ... more

    Keep Transit And Rail Rolling
    New York NY (SPX) Jan 28, 2009
    The Business Alliance for Northeast Mobility, a coalition of more than 30 chambers of commerce and civic organizations, urged House Speaker Nancy Pelosi and Appropriations Chairman David Obey in letters today to increase funding in the economic stimulus bill for transit and rail - the backbone of the Northeast economy. Increased funding will put people to work making necessary rail improve ... more

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  • Hong Kong MTR company wins Stockholm subway contract


  • EU asks Japan to open up rail industry


  • China denies closing rail industry to foreign manufacturers


  • Alstom boss says world should not buy Chinese trains: report
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