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The new company will focus on rail transportation communication, signaling and integrated monitoring systems for the Chinese mass transit and light rail markets and be committed to introducing moving-block signaling technology for metro applications.
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In addition to public transit, the device's paying function will extend to supermarkets, convenience stores, restaurants, vending machines and restaurants.
Read More →Mexican budget minister Luis Videgaray said that the “indefinite suspension” was the result of falling oil prices and the need to cut public spending.
Read More →The Latin American nation said it would re-run the tender in late November under the same terms, the report said.
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The Delhi-Chennai high-speed rail corridor will see trains running at 300 km/h (186 mph), covering up to 1,754km (1,089 miles).
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Rival companies had questioned the bidding process for the project, which was won this past week by China Railway Construction Corp Ltd. and China’s CSR Corp. along with a handful of Mexican partners.
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Mexico's government said on Monday the 130-mile line would cost $3.74 billion, including the build cost and five years of operation.
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"Though America leads in freight rail, its passenger rail conditions are terrible,” the article said, which cites, by way of example, a train ride from Washington to Boston that was scheduled to take between six and seven hours but took 13 hours because of heavy rain.
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The recharging station is located in Jiangsu province's capital city of Nanjing. The station, already in operation, includes 150 recharging devices.
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The major factors include the line design speed, topography along the alignment, weather conditions, land acquisition costs, use of viaducts instead of embankments, the construction of major bridges across wide rivers, and the construction of mega stations, according to a World Bank report.
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