Progress is made on UK’s flagship HS2 project as economic outlook worsens amid Covid-19
In a major boost to confidence in the construction industry in the UK amid the disruption caused by Covid-19, the…
20 Feb 2020
HS2 unveils updated designs for Old Oak Common Station
High Speed 2 (HS2) Ltd in the UK has unveiled revised designs for the Old Oak Common station in West London in its Schedule 17 submission. It revealed its plans…
14 Nov 2019
British Steel rescue deal vital for keeping Network Rail on track
Jingye Group, the Chinese steelmaker, has agreed in principle to buy British Steel out of liquidation for £70m. The deal could get through within a few days. Jingye has also…
14 Nov 2019
Mayan train project hits buffers as Mexico rejects 388% travel tax
Mexico's Senate has voted down a colossal tax hike, previously approved by the House of Congress, to fund railway mega-project. The proposal which came to the Senate was to increase…
23 Sep 2019
Chile’s government launches its biggest railway investment programme in history
On 3 September, the Chilean government announced a US$5 billion investment programme, entitled Chile Sobre Rieles (Chile on Rails) to upgrade and expand the country’s railway network. The plan, which…
29 Aug 2019
HS2 proponents hope to revive beleaguered project
Spiralling costs, severe environmental damage and unproven use cases mean rumours of failure around high speed rail network project HS2 are growing. In August 2019, HS2 was sent to independent…
01 Aug 2019
GlobalData is tracking some $321bn worth of railway projects in South-East Asia
The railway network in South-East Asia is improving in terms of regional connectivity, with a number of projects being planned or developed that will connect existing routes under a Pan…