16.2.2016
Thai-Chinese railway project to begin by the end of 2016: Thai-Chinese Bt500-billion medium-speed railway project could be signed by the end of this year, Thai media outlets reported on Monday. read more.
15.2.2016
Iran: Electrifying the railway between the Iranian capital of Tehran and the holy city of Mashhad: A consortium of Iranian and Chinese companies, including Iran's MAPNA Group and China's CMC and Su Power, will complete construction within 42 months and will maintain the railway for five years after construction. Read more.
11.2.2016
New train arrives from China to Macedonia: Macedonian Railways informed on Wednesday that a new train arrived from China, after the first one was officially launched on the Skopje-Veles route a few days ago. Read more.
8.2.2016
China's Faltering But Nicaragua Isn't Giving Up on Canal Plans: The $50 billion, Chinese-backed project suffers setback after setback. The latest: 12 months of construction delays on a key port just as financial turmoil in China deepens speculation the funding won’t come through. Read more.
5.2.2016
Tug of war in China-led rail project
The development of Indonesia’s first high-speed railway, which is to connect Jakarta and Bandung in West Java, might see further delays, as the Chinese-led consortium has refused to meet some of the government’s requirements contained in the concession agreement. Read more.
26.1.2016
Nigeria’s First Ever High-speed Rail Is Finally Here: Nigeria’s first ever high speed train service will open for service in March 2016. It is the double-track, standard gauge between Abuja and Kaduna that runs at 120Km and 150 Km an hour. Come March, travelers will be able to journey from Abuja to Kaduna (and vice-versa) in less than an hour. The project which was just completed by the China Civil Engineering Construction Company (CCECC) cost $849 million. Read more.
23.1.2016
Shares gain on Egyptian rail order: China Railway Group shot up 5.1% at one point Friday on the Shanghai stock market following the company's midday announcement that it won a rail construction order in Egypt. Read more.
27.11.2015
$50bn Nicaragua canal postponed as Chinese tycoon's fortunes falter: The world’s biggest canal project – a $50bn interoceanic canal through Nicaragua – has been delayed, following an environmental report and a collapse in the fortunes of the Chinese businessman behind the company that planned to build it. The Hong Kong Nicaragua Development (HKND) Group announced on Wednesday that it would be another year before the start of major works on the proposed rival to the Panama canal. The mega-project has proved controversial since it was agreed by Nicaraguan president Daniel Ortega and Wang Jing, a Chinese telecom mogul. Until June, Wang was worth more than $10bn, putting him among the world’s 200 richest people. But a collapse in Chinese stock prices earlier this year slashed his fortune at one point by nearly 85% to $1.1bn. Read more.
16.11.2015
The China-Pakistan corridor: A fate-changer? The biggest obstacles to China's plans lie in the dysfunction and incompetence of Pakistan's governing structures. At more than $46bn, the planned Chinese investment in this project is some four and a half times the total US economic aid to Pakistan since 9/11 (though admittedly largely in the form of low-interest loans). Apart from energy pipelines and road-and-rail links between western China and the Pakistani port of Gwadar, the plans include massive investments in Pakistan's own energy, transport and telecommunications infrastructure, including what would be the world's largest solar power generating complex at Bahawalpur. Read more. When the corridor is finished, it will serve as the main gateway for trade between China and the Middle East and Africa. Control of Gwadar port was transferred to China's state-owned Overseas Ports Holding company in February 2013.
China to Help Build Las Vegas-to-Los Angeles High-Speed Railway: A unit of CCRC, China's largest train maker, has signed a deal to help build a high-speed bullet train railway linking Las Vegas and Los Angeles. China Railway International USA inked an accord for the project with XpressWest, a venture set up by Las Vegas-based hotel and casino developer Marnell Companies. Read more.
23.10.14
China’s Railway Diplomacy in the Balkans: In November 2013, China, Serbia and Hungary signed a Memorandum of Understanding (MoU) for the construction of the Hungaro-Serbian High-Speed Railway (HSR), connecting Belgrade and Budapest by rail to facilitate transporting Chinese exports from Greek ports to European markets. Financed by soft loans from China’s Export-Import Bank and built by state-owned China Railway and Construction Corporation (CRCC). The Hungaro-Serbian HSR project is an important part of China’s strategy to extend its Maritime Silk Road (MSR) into Europe via land routes. The maritime terminus of the MSR is the Greek port of Piraeus, which is partially owned by China’s state-owned shipping giant COSCO and is now the main entry point for Chinese goods to Europe, though Beijing has also shown interest in developing and utilizing other Greek ports in Thessaloniki and Igoumentsia, as well as several Adriatic ports, including Bar in Montenegro. Read more.
8.7.2014
An ambitious plan for a £23 billion canal through the heart of Nicaragua is only one of China's huge infrastructure projects around the world: Read more.
25.6.2014
Macedonia Buys New Trains from China: Macedonia's antiquated rolling stock is to be modernized after it signed a deal for the purchase of six new passenger trains from China at a cost of 25 million euro. The money for the new trains comes from a 50 million euro loan secured by the European Bank for Reconstruction and Development. Read more.
26.3.2014
China-Algeria relations: growing slowly but surely: France lost its position as Algeria’s major supplier to China in 2013. Read more.
