Arab Today, arab today deadly spain rail crash threatens to derail export bid
Last Updated : GMT 06:14:59
Arab Today, arab today
Arab Today, arab today

Deadly Spain rail crash threatens to derail export bid

Arab Today, arab today

Arab Today, arab today Deadly Spain rail crash threatens to derail export bid

Madrid - AFP

The horrific train crash in Spain that killed 78 people comes at the worst time for the recession-hit nation\'s railway sector, which is pushing to win new markets for its high-speed trains. Spain is in the running for a contract worth $16.4 billion (12.7 billion euros) for a high-speed rail network in Brazil linking the cities of Rio de Janeiro, Sao Paulo and Campinas which will be awarded in September. The country, which two years ago won a contract to build and operate a high-speed rail link in Saudi Arabia, is also eyeing new markets in the United States, Russia, Kazakhstan and the United Arab Emirates. \"Technologically Spain is a pioneer in high-speed rail,\" Alejandro Lago, a logistics professor at the Iese business school in Barcelona, told AFP. Since the 1960s, the country has had trains made by its Talgo train maker that could circulate at speeds of up to 200 kilometres (125 miles) an hour, he added. Spain has invested heavily in road and rail links over the past decade and it now has the second-largest high-speed train network in the world, spanning 3,100 kilometres. Only China\'s is larger. The train derailed about four kilometres (2.5 miles) from the station in northwestern Santiago de Compostela Wednesday, on the eve of a famed religious festival held annually in the city, where St. James, one of Jesus\' apostles, is believed to be buried. A dramatic 10-second video from a railway security camera, seen around the world, shows the train rocketing around a curve, slamming into a concrete wall at the side of the track as the engine overturns. Daily newspaper El Pais reported that one of the two drivers on board said he was doing 190 kilometres per hour (118 mph) as he took the bend, where the speed limit is just 80 kph. The investigation is trying to find out why the train was going so fast and why security devices to keep speed within permitted limits did not slow the train. Spanish state railway company Renfe said the train -- a model able to adapt between high-speed and normal tracks -- had no technical problems and had just passed an inspection on the morning of the accident. The crash -- Spain\'s deadliest rail disaster in decades -- is a huge blow for the country\'s bid for the deal in Brazil. Brazil\'s bidding process for the country\'s lucrative infrastructure project specifies that firms in the run cannot have had an accident that caused deaths in their high-speed rail network in the last five years, El Pais reported. That would appear to disqualify Renfe, according to the newspaper. The rule -- which applies only if an accident is due to \"operational causes\" -- has already disqualified China\'s Communications Company Limited from the running due to an accident in June 2011 that killed 33 people. The private and public Spanish companies that make up the consortium in the running for the contract have been reluctant to speak publicly about the impact of the accident on their bid. But several unnamed sources close to the consortium, which includes Renfe and Spanish rail network administrator Adif, told Spanish business daily El Economista that they felt the contract was \"lost\". This would be a major setback for Spain, which has been hoping to bank on its recent deal with Saudi Arabia to obtain similar projects. \"It\'s important because we\'re talking about high-speed rail and we want to show that we are world leaders in this area,\" Spanish secretary of state for transport, Rafael Catala, said in an interview with AFP earlier this month. In 2011, a Spanish consortium won a 6.7-billion-euro contract to build and operate a 450-kilometre (280-mile) high-speed rail link in the desert between the holy cities of Mecca and Medina. Spain\'s first big foreign rail contract was signed with Turkey. A Spanish consortium built the high-speed rail link between Ankara and Istanbul which was inaugurated in 2009. \"During an economic downturn, the railway sector tries to compensate with activity abroad, with exports,\" said Pedro Fortea, the head of Spanish railway company association Mafex, which helps promote 73 firms abroad. \"Spain has experience which is transferable to other countries,\" he added.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deadly spain rail crash threatens to derail export bid Arab Today, arab today deadly spain rail crash threatens to derail export bid

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deadly spain rail crash threatens to derail export bid Arab Today, arab today deadly spain rail crash threatens to derail export bid

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday