Tech giant Microsoft has announced two major investments – in South Africa and India – though with two very different focuses. One involves cloud expansion. The other involves afforestation.
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Financial insecurity looms over future of German railways
- Guest authors
- January 19, 2024
- 0
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]
Russia approves 3,7 trillion ruble Far East rail modernisation
- Guest authors
- May 6, 2024
- 0
Russia has approved further modernisation works of railway infrastructure in its Far Eastern region. On the 50-year anniversary of the so-called Baikal-Amur line (BAM), the country confirmed that it will be spending 3,7 trillion rubles to boost throughput capacity to 270 million tonnes by 2032. The approved investments are part of the third stage of…