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Tag: rail

[video] India’s new railways

Apr 10, 2013 7:57am by beyondbrics
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The railway system in India has fascinated and frustrated its users since Victorian times. Nowadays, the Delhi Metro is touted as a beacon of success in a nation that struggles badly to develop modern infrastructure. The FT’s Amy Kazmin examines whether other cities will be able to copy that success with their own urban transport projects.

Tags: , , , Posted in Asia, India |

[video] Nigeria’s new ‘express’

Apr 1, 2013 12:22pm by beyondbrics
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The railway linking Lagos, Nigeria’s commercial capital, to Kano, the country’s second largest city, has reopened after more than 10 years thanks to Chinese loans and investment. Xan Rice, the FT’s West Africa correspondent, makes the 31-hour journey and asks whether the train line is a sign of progress in Africa’s second biggest economy.

Tags: , , , , , , Posted in Africa, Nigeria |

China rail: high speed from Beijing to Guangzhou opens

Dec 26, 2012 2:53pm by Andrew Bowman
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Journalists gathers beside the high speed train of the new 2,298-kilometre (1,425-mile) line between Beijing and Guangzhou as it waits to start off in Beijing on December 26, 2012.

From 21 hours to 8: Beijing to Guangzhou

China’s infrastructure development hit another milestone on Wednesday with the full opening of the world’s longest high speed rail line.

Connecting Beijing with Guangzhou at speeds of over 300kph, the 2,298-km route halves travel time between the two cities to less than 10 hours.
Continue reading »

Tags: , , , Posted in Asia, China |

Russian rail freight: meet the new boss

Sep 28, 2012 12:22pm by Isabel Gorst
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Photo: Bloomberg

Russian rail assets are changing hands at high speed as the government relinquishes its grip on the sector and new, privately-owned players compete for ownership of railcar fleets.

Sistema, an oil to telecoms, retail and healthcare conglomerate, has thrown its hat in the ring by making a whopping Rbs23bn ($742m) bid for SG-Trans, a state-controlled liquefied petroleum gas railcar operator. Continue reading »

Tags: , , , , , , , , Posted in Europe, Russia |

Delhi to Jakarta: how to do a metro

Sep 26, 2012 12:07pm by Avantika Chilkoti
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Picture public transport in India and you may think of crowds clinging to the outside of a moving train – hardly a model of safety and efficiency.

But park the cliché. The company that runs the Delhi metro is to provide management consulting services to the Indonesian government as it embarks on the first phase of the Jakarta metro. Continue reading »

Tags: , , , , Posted in Asia, India |

Turkey Inc muscles in on China in Africa

Jun 28, 2012 7:46pm by Peter Vanham
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What will 1,500 Turks be doing this year in the desolate space between Weldiya and Awash in Ethiopia? The answer is “building a railroad” following an announcement on Thursday by Turkish construction company Yapi Merkezi.

The contract is part of ambitious plans by the Ethiopian government to build a 5,000 km railway network – and a sign that Chinese companies increasingly face competition from other EM companies in the battle for Africa’s infrastructure. Continue reading »

Tags: , , , , , , Posted in China, Ethiopia, Turkey |

Georgian Railways IPO: not risk-free

Apr 16, 2012 8:45pm by Isabel Gorst
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Georgia plans to take the bold step of listing its state railway monopoly on the London Stock Exchange next month. Georgian Railways, part of the strategic east-west corridor ferrying oil between the Caspian and Black Seas, should be attractive to investors. But it’s also a risky buy. Russia blew up some of its assets during the 2008 war with Georgia that ended in a ceasefire. Continue reading »

Tags: , , Posted in Europe, Georgia |

Russian Railways: Next stop Borneo

Feb 7, 2012 3:54pm by Isabel Gorst
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You’d think Russian Railways had its work cut out for it at home upgrading and modernising the country’s aged railroads and rolling stock. But the state monopoly is also planning to extend its international reach as far as Indonesia building a $2.5bn railway for south-east Asia’s biggest (and booming) economy. Continue reading »

Tags: , , Posted in Europe, Indonesia, Russia |

[snap]: Lisin snaps up Freight One with $4.2bn knock out bid

Oct 28, 2011 12:18pm by Courtney Weaver
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Vladimir Lisin has won control of Russian rail car operator Freight One, beating out rival tycoon Gennady Timchenko who was favoured to win the auction.

Lisin, Russia’s richest man, won with an opening bid of 125.5bn roubles. ($4.2bn) Continue reading »

Tags: , , Posted in Europe, Russia |

BB: time to register

Dear beyondbrics readers,

After more than three years of fully open access, we are taking the step of asking our readers to register on FT.com to read our articles. Beyondbrics will still be free but we'd like to know a bit more about you, our readers. Other FT blogs (including Alphaville) already do the same thing. Registration is active on beyondbrics from May 6.

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Many thanks

Stefan Wagstyl, emerging markets editor

Global equities macromap

Number of the day

-0.2% Fall in Polish retail sales in April, rather worse than 1.1 per cent growth expected.

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