Browsing: Industry News

Russia could provide vital rail link connecting North & South Korea to Europe

Both Koreas are interested in Russia’s participation in a railway project that could become a crucial link connecting the Korean Peninsula, a North Korean official said on the sidelines of Russia’s Eastern Economic Forum (EEF). “We


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India to build 100 new airports in decade as domestic air travel demand soars

The number of operating airports in India is expected to double in the next decade as the government races to meet the growing demand of the country’s aviation market. Civil Aviation Minister Suresh Prabhu said on


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Taichung to test MRT line by year-end

Taichung is to launch test runs of the city’s first Mass Rapid Transit (MRT) line by the end of this year, Taichung Transportation Bureau Director-General Wang Yi-chuan said yesterday, adding that 79 percent of the construction


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Tests begin to run bullet train at faster speed inside tunnel

SAPPORO-A series of bullet train test runs began Sunday inside the Seikan Tunnel in northeastern Japan to confirm whether the service can safely operate alongside a freight train that shares the tunnel if its speed is


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China offers another $60 bil to Africa

Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continent’s economic prospects to its own.


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China’s Belt and Road project runs into debt jam

China’s massive and expanding Belt and Road trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt. First announced in 2013 by Chinese President Xi Jinping,


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CIMIC’S LEIGHTON ASIA WINS A$380M TRANSPORT INFRASTRUCTURE WORKS

CIMIC Group company, Leighton Asia, as lead partner in a joint venture, has been selected by Singapore’s Land Transport Authority to deliver a A$540 million tunnel and infrastructure contract (N103 contract works), as part of the


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New station on Tokyo’s Yamanote line unveiled to media

TOKYO-A new station being built on Tokyo’s Yamanote loop line was shown to the media Wednesday with around 70 percent of the construction work completed. The station, located between the Shinagawa and Tamachi stops, will be


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China considers construction of high-speed railroad to Russia’s Far East

A 180km-long high-speed railroad could soon link China’s city of Suifenhe in southeastern Heilongjiang province with Russia’s Vladivostok in the Far East. The project is worth $7 billion, according to Russian Deputy Prime Minister Yury Trutnev,


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Russia & Japan plan to launch freight route via Trans-Siberian Railway

A rail cargo transport route is expected to be officially developed between Russia and Japan, according to the Japan News. It will become the “third distribution channel” for the two countries, after sea and air routes.


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