It is an exciting time to be involved in the rail industry in the Eurasia region where no region is experiencing growth in such a rapid way. In Turkey alone, $46 billion has been invested in expansion. And by 2023 it expects to have completed its ambitious plans to expand its rail and metro network. Here are some of the highlights:
- In 2014 the construction of a high speed rail line between Istanbul and Ankara was taken on by TCDD, cutting the travel time between Turkey’s two principal cities in half. Offering a safer and more comfortable alternative to car travel, the service is now operational, but 3500km (2175 miles) of line is still to be built.
- Back in October Siemens announced plans to open a new tram production facility on the outskirts of capital.
- Turkey’s Interim Science, Industry and Technology Minister, Fikri Işık announced that €13 Billion is to be invested into the purchasing of new tram cars and metro vehicles.
- Alongside this 24 000km (14 913 miles) of line will undergo technical upgrades.
Development so far has gone well but as you can see there is still more to be done. High-level speakers from the region’s top operators will be discussing these developments and what further solutions are needed at SmartRail Eurasia in Istanbul on 26-27 January 2016.