Rail

What Asian Crisis? New Rail Lines Open

Posted on December 14, 1999

You wouldn’t know there was a cataclysmic financial disaster throughout the world’s largest continent solely by judging the public transport activity. On the king’s 72nd birthday, Bangkok opened its first metro line called the Skytrain, and officials there announced the government is looking to expand the investment well beyond the three projects begun prior to the collapse of the Thai baht, which some say triggered the regional crisis. In fact, talks are underway to restart the collapsed Bangkok Elevated Rapid Transit System (BERTS), a combined toll road and metro project. Thai officials are eyeing the apparent construction success of the Skytrain to determine whether they can use it as a model for restarting BERTS. Meanwhile, the underground metro project is proceeding with a revenue opening date of the initial 20 km segment slated for 2000. Earlier this year, Guangzho, China, just north of Hong Kong, opened its first metro line. The 11-mile line, mostly underground, was built by Siemens on a turnkey basis, just as Bangkok’s Skytrain. Kuala Lumpur also awarded a contract to Siemens to build a high-speed rail link to its airport. And ALSTOM is building the world’s first automated regional express rail line for Singapore. Manila is looking to restart its suspended second LRT line, and several cities in India are on the verge of announcing light rail schemes. "In Asia alone, the market for track-bound transport systems will increase annually by 4%," said Hans-Dieter Bott, group vice president of Siemens Transportation Systems. "By 2002, the volume will have reached approximately 8 billion euros [US $8 billion]." However, Japan and Indonesia are still struggling economically.

View comments or post a comment on this story. (0 Comments)

More News

Feds find ignored safety procedures, fractured safety program led to Amtrak derailment

The train engineer saw equipment and people working on and near track 3 and initiated emergency braking that slowed the train from 106 mph to approximately 99 mph at the time of impact.

Amtrak continues next phase of Penn Station infrastructure work

The railroad is working with NJ TRANSIT and Long Island Rail Road on an overall service plan that minimizes the impact to all New York Penn Station customers to the greatest extent possible.

Alstom to deliver 27 'Jazz' trains to Trenitalia

The delivery is part of an order worth about $198 million.

Commuter rail station named Colo. APWA 'Project of the Year'

It shares signature elements with other Eagle P3 commuter rail stations, such as its glass-and-steel elevator, but custom components make it unique among all other stations — such as its 24 by 14 foot pedestrian underpass.

Alstom to supply signaling, train control for Tel Aviv railway project

The Red Line will begin operations on October 2021, and is planned to service approximately 200,000 passengers every day.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close