‘Germany is not short in money to keep financing railway projects’

Despite the significant budget cuts expected for the 2024-2027 period, Peter Westenberger, the managing director of the industry association Die Güternbahnen, is convinced that there are still enough funds to continue carrying out critical railway expansion and upgrade works in Germany. “There is no shortage of money in Germany,” he said, underlying that a Swiss […]

Is INSTC’s Rasht-Astara line on track for another setback?

It is probably the most critical railway section of the International North-South Corridor (INSTC), and its construction has been planned for a few years, with several ups and downs along the way. The Rasht-Astara railway line is supposed to commence construction work in early 2024. Nevertheless, Russia and Iran, which are directly involved in the […]