23 Jun 2017

B15bn light rail tipped for Korat city

A 15-billion-baht light rail network is likely to be developed to accommodate commuters in Nakhon Ratchasima’s Muang district. Construction is due to start in 2020, with operations potentially commencing by 2023. The Office of Transport and Traffic Policy and Planning (OTP) has hired Suranaree University of Technology to conduct a

22 Jun 2017

China ‘straddling bus’ project gets terminated

A public–private partnership (PPP) project in China to build a futuristic “straddling bus”, a vehicle that would cruise over the top of cars and help resolve urban traffic woes, has officially been scrapped. The Transit Elevated Bus (TEB), which was touted as a revolution in public ground transportation when it

20 Jun 2017

Argentina to tender 5,500km roads under PPP model

Argentina will tender seven national routes after their concessions expire as part of a plan that entails 70bn pesos (US$4.4bn) in investments and 5,500km of roads, said transport minister Guillermo Dietrich. The official unveiled the public-private partnership plan for routes 3, 5, 7, 8, 9, 34, and 226 at the

15 Jun 2017

Saudi Arabia, Bahrain invite EoIs for new road, rail causeway

Expressions of Interests have been invited from private sector developers, co-investors, contractors and lenders for the construction of a new road and rail causeway linking Saudi Arabia and Bahrain which is estimated to cost $4 to $5 billion, said a report. The ambitious project, which is aimed at easing congestion

09 Jun 2017

15 stations to be redeveloped, stalls may be moved to upper level

Several suburban stations are likely to get a facelift as the Railway Board has agreed to allow commercial redevelopment of stations by Mumbai Railway Vikas Corporation (MRVC) across Western Railway (WR) and Central Railway (CR). A senior Railway Board official said, “We will allow MRVC to undertake station redevelopment under

08 Jun 2017

Japan ‘keen’ on Bangkok-Rayong high-speed train project

Japan has shown keen interest in joining the bidding for the construction of the 193.5 km Bangkok-Rayong high-speed train project that will link the Eastern Economic Corridor (EEC) and three international airports, says Deputy Prime Minister Somkid Jatusripitak. Japan has shown keen interest in joining the bidding for the construction

06 Jun 2017

Istanbul a potential base for China’s trade operations, airline services to Europe

Istanbul, the city of glorious civilizations and empires, is now eyeing the title of “the capital of global transport hubs,” as it carries out the construction of a new airport, the biggest infrastructure project ever undertaken by the Turkish Republic. With an estimated investment of 40 billion euros, this “may

06 Jun 2017

First private railway station of India: Habibganj

Habibganj station is slated to be the first private railway station of India. Read on to know all about the first public-private partnership redevelopment project. Bhopal’s Habibganj station has become the first railway station of the country to be built in a Public-Private partnership. Railway Minister Suresh Prabhu is scheduled

02 Jun 2017

Adani Ports starts work on controversial transshipment hub

India’s biggest port developer on Thursday broke ground on its 1-million-TEU Vizhinjam International Container Transshipment Terminal amid a political furor over a judicial inquiry triggered by the findings of a national audit agency. Adani Ports and Special Economic Zone’s (APSEZ) Rs. 7,525 crore ($1.2 billion) port, which will be built

31 May 2017

BSR secures B100bn deal to build Pink and Yellow monorails

The cabinet has awarded 100 billion baht in contracts for two monorail projects to BSR Joint Venture. Analysts said BSR could opt to raise funds for the projects through the Stock Exchange of Thailand (SET) instead of with loans. Nathporn Chatusripitak, an adviser to the Prime Minister’s Office, said the