Railway transport: IUR and WB set for co-operation

22 February 2010

The World Bank and the International Union of Railways (IUR) have signed heads of agreement with regard to co-operation in railway transport infrastructures in countries in the course of development.

The two organizations are going to develop training programmes, exchange data, and carry out traffic flow studies in order to identify major railway corridors.

“The experience gathered by the IUR will allow the strategy of the World Bank to be given effective support, focusing on reliable, clean, and reasonably priced means of transport in the context of development”, says Mr. Loubinoux, IUR Director, in a press release from the World Bank

In addition to this, another railway agreement was signed at the beginning of the month between Senegal and Korea, following a visit to Seoul by the Senegal Minister of Co-operation, Karim Wade.

According to the press release relating to this meeting, Senegal is in the process of studying the possibility of involving South Korean companies in the construction of high speed railway links between Diass Airport (under construction) and Dakar, with connections to Thiès.

Category: Transport