Israel’s volume of investment in urban and intercity railways is low by international comparison, while the volume of investment in roads is high, according to the Annual Report for 2014 soon to be published by the Bank of Israel. Infrastructure projects require large investments, which frequently creates natural monopolies. Moreover, in contrast
Reports
The transportation of containers by rail could grow substantially in China, especially if the nation continues adopting the kind of operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new World Bank research paper. Those measures include the ability of
MÁV-START revenues increased by more than HUF 1,6 billion last year compared to 2013
In 2014 the domestic ticket revenue of MÁV-START has increased by 1.5%, by an amount of HUF 540 million, while growth from sales revenues from international tickets also exceeded the performance of 2013 by over 1,1 billion HUF. Contributing to these favorable statistics were the growth of numbers of passengers who bought
The European Commission has approved Hungary’s Integrated Transport Development Operational Programme (ITOP), attracting EU funds worth HUF 1,032 billion. The electrification of railway lines, the elimination of railway bottlenecks and slow zones, the acquisition of suburban multiple units and local buses and the establishment of passenger transport hubs and transit connections are
An amount of BGN 250-300 million (EUR 127 – 153 million) is planned to be invested this period in Bulgarian State Railways (BDZ), stated for local press the Bulgarian Minister of Transport, information Technology and Communications Ivaylo Moskovski. “The source will be the state budget, but I have not crossed out the
The latest version of the Transport Master Plan foresees investments totalling EUR 19 billion until 2030. The projects will focus on rehabilitation of 3.219 km of railway lines and 1.131 km of railways with economic potential, for the electrification of all sectors of the TEN-T core network (425 km), the development of high-speed railway sections (over
The European Commission has published nine studies on the state of play and the development needs of the TEN-T core network corridors. The studies have identified infrastructure development needs which represent approximately €700 billion of financial investment until 2030. They highlight the importance of optimising the use of infrastructure along the corridors, notably
The European Environment Agency (EEA) has published the “Noise in Europe 2014″ report, presenting the exposure to noise levels and an warning on the resulting environmental health problems. According to the European Environment Agency (EEA) report, railways are the second most dominant source of environmental noise in Europe, after roads and followed by airports and
Metrorex SA is the state-owned joint-stock company, under the authority of the Ministry of Transportation, operating the underground transport in Bucharest. The company manages a network of approximately 70 km, structured on four metro lines, 51 metro stations and four depots. Metrorex operates over 60 metro trains/day and carries over 650,000 passengers/day. The underground transport has a market share
The EU transport sector will lose EUR 8.6 billion every year if it doesn’t address remaining barriers, gaps and market inefficiencies in the Single Market in the next two decades, shows The Cost of Non-Europe in the Single Market for Transport and Tourism report published by the European Parliament. In the rail sector, the