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HSR project: Not the end of the line

Many U-turns: The KL-SG HSR booth at the Malaysian International Trade Exhibition Centre in 2017. The project has undergone a series of amended decisions under different governments. THE Kuala Lumpur-Singapore High Speed Rail (HSR) bilateral agreement was officially terminated after the top leaders of Malaysia and Singapore agreed to let the deal lapse on New Year’s Eve, but this mega project may not be dead and forgotten. In fact, this economically significant rail project may be revived once Malaysia sorts out its economic predicament brought about by the Covid-19 pandemic and political chaos. Touted as a possible major game-changer for Malaysia and Singapore, voices against the project cancellation are unlikely to subside as the financial interests of many private groups and the two economies will be affected.

Binh Phuoc strives to improve investment environment | Investment & Finance

Binh Phuoc strives to improve investment environment | Investment & Finance
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Gateway for South and South East Asia

news Gateway for South and South East Asia Ikram Sehgal A project of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), the Trans-Asian Railway (TAR) Network Agreement was signed on 10 November 2006, by seventeen Asian nations to build a transcontinental railway network between Europe and Pacific ports in China. Planned to cater for enormous increase in international trade between Eurasian nations much of the railway network already exists as part of the Eurasian Land Bridge to create an integrated freight railway network which connect and across Europe and Asia, a continuous 8,750 miles (14,080 km) rail link between Singapore and Istanbul, Turkey. The plan has sometimes been called the Iron Silk Road in reference to the historical Silk Road trade routes. Further connections to Europe and Africa. Initiated in the 1950s progress in developing the TAR were hindered by political and economic obstacles till the 1990s improved the p

India to trial run goods train on Dhaka-Istanbul freight corridor

International | Written by : IANS| Updated: India to trial run goods train on Dhaka-Istanbul freight corridor New Delhi, March 3: India is planning to conduct a trial run of a container train between Dhaka and Kolkata this year - to move a step closer to a proposed 6,000 km trans-continental integrated freight railway network project connecting five countries - Bangladesh, India, Pakistan, Iran and Turkey. But experts are wary of Pakistan playing spoilsport because the project, aimed to boost trade and economic development of the region, is seen as a response to China s One Belt One Road initiative. ARailway Ministry official told IANS that a demonstration container train between Bangladesh and India has been planned in the first quarter of the 2017-18 and the modalities of have been agreed by senior officials of both countries.

Asia-Pacific countries commit to advance regional cooperation for sustainable connectivity

Asia-Pacific countries commit to advance regional cooperation for sustainable connectivity 14th Dec 2020    |    Source: un.org Recognizing that the COVID-19 pandemic has caused widespread socio-economic impacts and disruptions across Asia-Pacific, high-level officials called for a rethink on the future development of sustainable transport connectivity and mobility in the region at the sixth session of the Committee on Transport today. Convened by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the two-day meeting highlighted pressing regional priorities and areas for policy interventions in the transport sector. Central to discussions were transformative actions for a more sustainable, efficient and resilient regional transport connectivity against the backdrop of the COVID-19 pandemic.

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