BANKOK Mass Transit System (BTS) has awarded contracts worth a total of Baht 10.9bn ($US 305m) for two fleets of metro trains. Siemens will supply 22 four-car Inspirosets while CRRC Changchun Railway Vehicles, China, will supply a further 24 four-car trains.
GERMAN freight wagon leasing and logistics company VTG has acquired a new major shareholder after the sale of Wilbur Ross's final 20% stake in the company to Kühne Holding, a shipping, logistics and hotel company based in Switzerland.
BULGARIA celebrated the completion of a 10-year project to modernise its principal rail link with Greece and Turkey on May 15, when prime minister Mr Boyko Borissov and minister of transport, information technology, and communications Mr Ivaylo Moskovski attended a ceremony marking the conclusion of the upgrading of the 154km Plovdiv – Dimitrovgrad – Kapikule (Turkish border) line.
THE Indian government has approved plans by the state of Uttar Pradesh (UP) for new metro networks in Varanasi and Kanpur which should enable construction to start by the end of this year. The UP government allocated Rs 500m ($US 7.4m) to each city in its latest budget.