RZD wants to participate in railway projects in Middle East and Africa

Russian Railways, plans to participate in various railway projects worth of total nearly $3 billion in the Middle East and Africa. The Zarubezhstroitekhnologia (ZST)- Russian Railways’ foreign projects subsidiary, expects to get an about $250 million contract to electrify a 190 km railway in Iran, the head of the subsidiary Yuri Nikolsson said.

”The talks about our participation in several rather interesting projects in Iran are being held. One of the projects stipulates a contract of about $250 million,” he told Prime news agency.

The company has great prospects in the Persian Gulf where the countries of the region plan infrastructure construction worth about a trillion dollars. The Arab countries are going to unite the entire region with a railway chain.

As for the concrete projects with the Arab states, the subsidiary is going to bid for a $2 billion railway construction project near the UAE capital of Abu Dhabi. The city government wants to have 700 kilometers of railways to transport mainly cargoes at a speed of 150-160 kilometers/hour.

”It was announced that there should be a railway, railway stations, depots and the entire necessary infrastructure. According to the project, the railway must be ready in 2015 and all infrastructures in Abu Dhabi must be completed in 2016,” he said.

Results of the tender will be known in August or September 2012.
The ZST also plans to bid for a $3-4 billion light metro chain project in Kuwait, for railway projects in Saudi Arabia and Bahrain.

In Africa the ZST is interested in a nearly $450 million railway project in Kenya. Other promising railway project worth $20 billion stipulates construction of a logistics hub from the Lamu port through new railways to boards of Ethiopia and the South Sudan.

”The Kenyan government is going to build a mega-port and lay railways to every destination from it mainly for cargo transportation,” Nikolsson said

Source: www.tehrantimes.com

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