Entries tagged "Rail"

  • BRI Funding Exceeds U.S. Indo-Pacific Push | Aug. 1, 2018, 10:17 a.m.

    The U.S.'s recently announced plan to invest $113 million in infrastructure throughout the Indo-Pacific region will have a limited impact and pales in comparison to China's multi-billion dollar Belt and Road Initiative, according to Dr. James Crabtree of the National University of Singapore.

  • EU Wary of China’s Infrastructure in Eastern Europe | July 30, 2018, 9:41 a.m.

    The EU became wary of China's infrastructure investment in Central and Eastern European countries. Hungary was forced by the EU to conduct a public tender for the Hungarian segment of the Belgrade-Budapest High-Speed Railway, which would delay the project completion until 2023.

  • Hyperloop Comes to China | July 23, 2018, 9:12 a.m.

    California-based Hyperloop Transportation Technologies will help build a 10-km hyperloop in Guizhou Province, which has been targeted for heavy transportation investment due to its strategic location on the land route of China's Belt and Road Initiative.

  • Malaysia Halves Cost of LRT3 | July 12, 2018, 9:25 a.m.

    Mahathir's new government intended to cut the cost of the Light Rail Transit 3 project by 47%, from 31.65 billion ringgit to 16.63 billion ringgit ($4.11 billion). This also sends a worrying message to stakeholders of other costly infrastructure projects signed by Najib's government, which was blamed for "poor governance."

  • Malaysia Suspends Major BRI Project | July 5, 2018, 9:48 a.m.

    Malaysia suspended work on the East Coast Railway Link, which was being constructed by a Chinese contractor for $20 billion. This may signal Mahathir administration's intent to cut national debt ahead of the potential renegotiation with China.

  • Cambodia to Revitalize Rail Infrastructure Amid $4B Debt Concerns | June 5, 2018, 10:32 a.m.

    Cambodia is set to complete an ambitious rail project next week from Poipet to Phnom Penh, connecting the country from North to South for the first time in 45 years. However, substantial Chinese involvement in the project has raised concerns over high levels of debt owed to China, which some estimates place as high as $4 billion, or 20 percent of Cambodia's GDP.

  • Gaining Steam on the Eurasian Economic Union's Railways | May 9, 2018, 10:30 a.m.

    Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push.

  • Railroads to Economically Reconnect Korea | May 2, 2018, 9:44 a.m.

    Warming ties between North and South Korea have raised hopes for investment in North Korean and inter-Korean railways. South Korea has begun tentative preparations for the construction and modernization of railway connections along the North Korean Coast, paving the way for future economic cooperation between the two Koreas.

  • China’s American Hubris | April 10, 2018, 9:14 a.m.

    China’s $1 trillion push to build infrastructure across Asia evokes romantic comparisons to the ancient Silk Road, but there is a more recent chapter of history that urges caution. More than a century and a half ago, the United States was a rising power racing westward, building transcontinental railways that delivered limited benefits and exacted a high cost from society. Today, China has taken on that role.

  • Karachi to Improve Bus and Rail | April 2, 2018, 9:26 a.m.

    The city of Karachi, Pakistan's business capital, is planning to improve its bus and rail networks to ease traffic and accelerate economic growth.

  • Iran's Railway Ambitions | April 2, 2018, 8:58 a.m.

    Within the last few years, Iran has demonstrated its strong political will to re-emerge as a regional transportation hub.

  • Japan Loans $1.4bn to India for Infrastructure | March 30, 2018, 9:59 a.m.

    Japan will lend India up to $1.4 billion for projects such as a subway in Mumbai.

  • China's Shrewd Bet on Intercontinental Rail | March 28, 2018, 7:58 a.m.

    A recent report from the Reconnecting Asia Project suggests intercontinental rail will not likely capture enough trade to fundamentally change Eurasia's broader economic picture.

  • Myanmar Overhauls Rail System | March 19, 2018, 10:22 a.m.

    Myanmar has begun overhauling its national rail system starting with two major arteries pivotal to economic revitalization.

  • Japanese Freight Service Joins BRI | March 12, 2018, 9:03 a.m.

    Japanese trading house Itochu is launching a freight transport service linking Japan and Europe via China.

  • China, India Compete in Nepal Through Railways | March 9, 2018, 9:35 a.m.

    Nepal's new prime minister K.P. Sharma Oli finds himself courted by China and India for railways projects.

  • The Rise of China-Europe Railways | March 6, 2018, 9:46 a.m.

    Just 10 years ago, regular direct freight services from China to Europe did not exist. Today, they connect roughly 35 Chinese cities with 34 European cities. But despite their rapid advances, these lines must compete with maritime routes that have dominated commerce between Asia and Europe since the late fifteenth century. It remains to be seen how much trade they can capture.

  • Bid-Rigging Arrests for Japan Maglev Project | March 5, 2018, 9:49 a.m.

    Japan's big four contractors are accused of bid-rigging for a planned magnetic levitation train line in an apparent effort to protect earnings amid pressure to cut costs.

  • Philippines' Largest Co. Looks to Power, Rail | Feb. 8, 2018, 10:57 a.m.

    San Miguel, the Philippines' largest listed company by revenue, has earmarked $13.6 billion to expand its investments in multiple sectors including power and transport infrastructure.

  • Duterte on Infrastructure: "Build, Build, Build" | Jan. 24, 2018, 10:25 a.m.

    Trucks and bulldozers are clearing the way this week for a 38-kilometer stretch of train tracks that is one of the Philippines largest infrastructure projects under Duterte’s “Build, Build, Build” infrastructure program.

  • Thailand Slows High-Speed Rail Aspirations | Jan. 18, 2018, 10:48 a.m.

    The Prime Minister of Thailand has instructed transport officials to reduce the maximum speed of the 670-kilometer Thai-Japanese high-speed rail.

  • Malaysia, Singapore Sign Rail Transport Pact | Jan. 17, 2018, 10:58 a.m.

    Malaysia and Singapore signed a bilateral agreement to build and run a Rapid Transit System Link on Tuesday, advancing an initiative to boost connectivity between the two Southeast Asian nations.

  • Indonesia Launches Rail Service to Jakarta Airport | Jan. 2, 2018, 9:03 a.m.

    Indonesia launched rail service linking central Jakarta with Soekarno–Hatta International Airport in a bid to combat highway congestion.

  • Jakarta Keeps $2.1B Rail Project Afloat | Dec. 12, 2017, 9:35 a.m.

    A railway system under construction in Greater Jakarta avoided delays last after Indonesia's top ministers proposed a new funding scheme for the $2.14 billion project.

  • Malaysia Co. Bids for East Coast Rail | Dec. 11, 2017, 9:29 a.m.

    Malaysian construction company Gabungan AQRS is close to winning a contract to construct Malaysia's East Coast Rail Link from Port Klang to the border with Thailand.

  • Israel Proposes Ambitious "Tracks for Peace" | Oct. 24, 2017, 9 a.m.

  • Philippine Firm Pushes Monorail in Manila | Oct. 11, 2017, 9:25 a.m.

    A Philippine conglomerate is pushing a new monorail connection to one of Metro Manila's busiest train lines.

  • Malaysia's WCT Holdings Gets $196.88M Light Rail Project | Aug. 29, 2017, 9:30 a.m.

    WCT Holdings, a Malaysian construction and property development firm, has accepted a contract to construct and complete the Light Rail Transit Line 3 (LRT3) and other associated works for $196.88 million.

  • Australian Firm To Launch Property, Infrastructure Fund In Japan | Aug. 23, 2017, 9:30 a.m.

    Australia's NAB Asset Management is preparing to bring a property- and infrastructure-focused investment product to the Japanese market, with shares in electric utilities, railroad operators and other infrastructure-related companies accounting for a substantial proportion. The new fund could top out at $35 billion.

  • Malaysia's Felda Global Seeks Rail Partnerships | Aug. 15, 2017, 9:25 a.m.

    Malaysia's state-run palm oil producer Felda Global Ventures Holdings said Monday it is keen on providing integrated logistics services with parties involved in the development of the East Coast Rail Link (ECRL) project.

  • Mitsubishi Heavy Drops $82B train project | Aug. 11, 2017, 9:20 a.m.

    Mitsubishi Heavy Industries, one of Japan's leading engineering companies, will withdraw from a 9 trillion-yen ($82 billion) prestigious high-speed railway project of magnetic-levitation (maglev) train cars, a futuristic technology allowing trains to move without contacting the ground.

  • The Iron Silk Road’s Centerpiece | Aug. 8, 2017, 9 a.m.

    When operational, the Baku-Tbilisi-Kars railway could unlock new trade patterns and shift Eurasia’s economic center of gravity inward. The potential gains are significant, but so are the obstacles in laying the Middle Corridor of the New Silk Road.

  • ASEAN at Fifty | Aug. 4, 2017, 1:58 p.m.

    Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.

  • Japan Expands Rail Services to Europe | Aug. 1, 2017, 8:33 a.m.

    Japanese international freight forwarder Nippon Express is poised to expand rail services between Europe and Asia to take advantage of anticipated trade hikes from China's Belt and Road Initiative.

  • A Second Look at China-Europe Trains | July 26, 2017, 10:24 a.m.

    The news is full these days of “historic” train links between China and Europe. But these powerful symbols aren’t always what they seem. A closer look cautions against declaring that the Silk Road is ba

  • Indonesia May Drop Japan for Rail Bids | July 18, 2017, 8:38 a.m.

    Indonesia may forego its plans to have Japan construct a 750km rail link between Jakarta and Surabaya in favor of inviting other countries to bid on the project in an attempt to lower costs.

  • The Struggle Behind the Trans-Siberian Railway | July 5, 2017, 9:24 a.m.

    The guiding principle of the Trans-Siberian Railway was not about the routine moving of people from place-to-place, but sticking a pair of iron rods into bleak territory that had strategic importance in defining Russia’s role in the Far East.

  • Modi’s Infrastructure Spending Spree | June 26, 2017, 9 a.m.

    Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.

  • How Britain’s Colonial Railways Transformed India | June 13, 2017, 9 a.m.

    Nowhere other than India is the railway so indelibly connected with the image of the nation. Just as there is no single country on earth that has such a broad cultural, ethnic, and racial mix as India, there is also no railway system that has played and, crucially, continues to play such a fundamental role.

  • Strategic Infrastructure | June 5, 2017, 10:02 a.m.

    Infrastructure is often viewed as a domestic economic issue, but throughout history, key projects have also advanced national security and foreign policy objectives.

  • China Eyes 2020 to Triple Rail Freight to Europe | May 12, 2017, 8:36 a.m.

    China's National Development and Reform Commission is aiming to nearly triple the number of rail freight trips running between China and Europe from around 1,800 to 5,000 by 2020.

  • Iran's Railway Revolution | May 10, 2017, 8:55 a.m.

    Better infrastructure will not make Iran's economic success inevitable, but it certainly will shape the strategic landscape in which Iran makes its future decisions.

  • Japan-Philippines Discuss Rail Projects after $9B Deal | March 30, 2017, 9:23 a.m.

  • Russia Discusses Connectivity, Labor with N. Korea | March 28, 2017, 9:03 a.m.

  • Taiwan to invest $28B in infrastructure upgrades | March 24, 2017, 8:50 a.m.

  • Russia and India’s Plan to Skip the Suez Canal | March 14, 2017, 9:55 a.m.

    A new link in the North-South Transport Corridor connecting Russia, Iran, and India could have far-reaching implications for economic patterns between Europe and Asia.

  • India Turns Outward for Rail Revamp | March 2, 2017, 9:28 a.m.

  • Unrest and Isolation in India's Northeast | Feb. 27, 2017, 9 a.m.

    Violent protests could derail India’s regional connectivity plans for years—a pause that India can’t afford.

  • On Thin Ice | Feb. 17, 2017, 8:57 a.m.

    Asia is home to permafrost that extends to lower latitudes than anywhere else in the world. But as global temperatures rise, that permafrost is thawing and posing challenges for the region’s infrastructure.

  • India’s New Budget Pushes Railway Reform | Feb. 2, 2017, 12:05 a.m.