Chinese initiative to build Belgrade-Budapest high-speed rail

Discussion in 'China' started by cir, Feb 22, 2013.

  1. cir

    cir Senior Member Senior Member

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    February 21, 2013 | 13:41

    Chinese initiative to build high-speed rail

    Source: Tanjug

    BELGRADE -- The Chinese Embassy in Budapest has launched an initiative for the construction of high-speed rail on Corridor 10 between Belgrade and Budapest.

    Tweet Tanjug is quoting Serbian Ministry of Transport sources who on Thursday said that the rail would have trains traveling faster than 300 km/h.

    The total value of the investment would add up to EUR 2 billion, early estimates show.

    According to Chinese representatives, officials should discuss the possibility of building the railway for trains that go at speeds of over 300 km/h since it would be built in almost perfect conditions thanks to the environment.

    Trains connecting the two countries would be modern, of the latest generation which are used in China nowadays.

    Hungary knows about the idea and the first steps in terms of the initiation of talks have been made, and report about this has been presented during the recent meeting between the head of the Economic Department of the Chinese Embassy in Belgrade and Serbian Minister of Transport Milutin Mrkonjić, the news agency reported.

    Talks on the model and the ownership structure of the project should also be conducted. At this stage, it is known that Chinese investors allocated the funds from the Chinese Development Fund aimed at investments in south-east Europe.

    Chinese officials suggested that loans should be ensured and this matter should be discussed by the governments of Serbia and Hungary.

    The Chinese initiative for the construction of high-speed rail was also discussed at the session which the joint Hungary-Serbia commission held last December, and it was included in the conclusions on the commission's work.

    According to analyses issued so far and the data procured from economic and expert teams, the railway would pay off and its construction would be justified since the flow of passengers, goods and capital between the two countries is constantly increasing.

    Back in 1992, the European Commission defined the idea for the construction of the Belgrade-Budapest railway as one of the priorities in the sector of the development of railway infrastructure.

    B92 - News - Chinese initiative to build high-speed rail
     
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  3. cir

    cir Senior Member Senior Member

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    China Said to Approve Joining Iran Railway Project

    By Bloomberg News

    2013-02-18

    China’s State Council approved plans to take part in the building of a high-speed railway line in Iran, two people familiar with the matter said.

    The project will cost at least $1 billion and the companies participating haven’t yet been set, said the two people, who asked not to be identified because they weren’t authorized to speak publicly about the matter.

    China’s decision comes as the U.S., the European Union and their allies have tightened sanctions on Iran for a nuclear program they argue is meant to develop atomic bombs. Iran maintains its program is peaceful.

    China and Iran have maintained “normal business cooperation,” Foreign Ministry spokesman Hong Lei told a briefing in Beijing today. China is the biggest buyer of Iranian crude oil.

    Current sanctions are costing Iran about $98.9 million a day in lost oil sales, data compiled by Bloomberg show. Iran is to resume stalled multilateral discussions on its nuclear program with the U.S., U.K. France, Germany, Russia and China on Feb. 26 in Kazakhstan. The last round of negotiations between Iran and the group, known as P5+1, failed to yield results.

    The U.S. imposed new sanctions earlier this month that would keep importers from paying for oil with dollars and euros.
     
  4. satish007

    satish007 Senior Member Senior Member

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    [​IMG]
    from the map, we still have many chances.
    not many 300 KM and many are still grey <200KM
     
  5. amoy

    amoy Senior Member Senior Member

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    China’s Railway Diplomacy in the Balkans | The Jamestown Foundation
    Belgrade-Budapest high-speed rail ready in 2017 | Balkans | Worldbulletin News

    Serbia reached an agreement Tuesday with China for the construction of a high speed railway between Belgrade and Budapest.

    Serbian Prime Minister Aleksandar Vucic and Chinese Minister of Transport of the People's Republic of China Yang Chuantang met at the summit of government officials from China and countries in Central and Eastern Europe.

    A statement released Tuesday said that Vucic and Chuantang had agreed on the details of the project including the timetable for research which is to be completed by June 2015, as well as on the means to finance the project and on the date for completing the project which is set for June 2017. Negotiations for the project began on Vucic's visit to the People's Republic of China in September 2014.

    The high-speed railway is to run on a double track for rolling stock that can travel at 124 miles per hour (200 kilometers per hour).

    Chinese Prime Minister Li Keqiang is expected to hold talks with Vucic and his Hungarian counterpart Viktor Orban about high-speed train construction.

    Sixteen nations were represented at the summit, including many of the former Yugoslav states, the Baltic countries and EU members Poland, Hungary and the Czech Republic.

    The initiative is part of Serbia's plan to become China's gateway to the Balkans and to Europe.

    The summit was initiated three years ago in Budapest, and meetings were held in Warsaw in April 2012 and in Bucharest in November of last year.

    [​IMG]

    -------------------Europeans are certainly more credible partners. :namaste:
     
    Last edited: Dec 17, 2014
  6. amoy

    amoy Senior Member Senior Member

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    the Serbia-China friendship bridge


    Aleksandar Vucic is Prime Minister of the Republic of Serbia

    China-built Danube bridge in Serbia to be up and running on time - China.org.cn
    [​IMG]
    [​IMG]
     

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