The Asian Development Bank’s (ADB) Board of Directors has approved a $380 million loan to help the Philippine government strengthen the road network and spur economic development in Mindanao, the country’s second largest island with about 20 million people.
China and Pakistan have been working to promote the construction of the CPEC project through sustenance of Joint Cooperation Committee (JCC). According to the available in formation on the official websites of the CPEC, there are five working groups which include long-term planning, energy, transportation infrastructure, industrial cooperation and Gwadar Port.JCC deals with the overall planning and coordination while the above mentioned working groups are responsible for the detailed planning and implementation of the projects under CPEC.
High-speed rail (HSR) passenger activity totalled 625 billion passenger kilometres in 2015 with China, Europe and Japan together accounting for 95% of the global total. HSR is also the fastest growing passenger rail transport service worldwide – while global high-speed rail activity has grown steadily since 2005, growth accelerated to nearly 70% over 2013 to 2015, mainly as a result of a surge in China.
Though the initial idea about the Baku-Tbilisi-Kars (BTK) railway project was raised in the early 1990s, it was not taken seriously due to regional instability and economic difficulties. However, with the realization of the Baku-Tbilisi-Ceyhan oil and the Baku-Tbilisi-Erzurum gas pipelines in 2006, the idea of a railway connection became real once again.
Small Island Developing States (SIDS) in the Caribbean, Pacific, Africa and Indian Ocean are among the world’s most vulnerable countries to natural disasters, and climate change is expected to greatly increase their exposure to hurricanes, storm surges, extreme winds, and flooding. A report launched today by the World Bank says the transport sector can play a central role in reducing the vulnerability of SIDS.
A NATO defense ministers meeting that took place in Brussels on November, 8-9 resulted in the new and very important decisions for the future of Europe.
The World Economic Forum's Global Future Council on Cities and Urbanization today publishes Data-Driven Cities: 20 Stories of Innovation, a collection of 20 of the most creative ways cities worldwide are drawing on big data to improve services and quality of life.
The Indian railways' network is one of the largest in the world and the second largest in Asia, next only to China. To put things into perspective, India is the seventh largest country in the world, a third the physical size of its neighbour, China. The Indian Railways is entirely owned by the Government of India and is operated by the Ministry of Railways. It operates several hundred Express,