• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Technologies.org

Technology Trends: Follow the Money

  • Technology Events 2022-2023
  • Sponsored Post
    • Make a Contribution
  • Technology Markets
    • Venture Capital
  • About
  • Contact

Germany to Invest Record 86 Billion Euros in Rail Modernization

January 14, 2020 By admin Leave a Comment

The German government and the country’s national rail company agree to allocate tens of billions to overhaul train and track system

Germany has pledged to put 86 billion euros into the upkeep and modernization of its railways over the next decade. The government will be footing 62 billion, while the German rail company Deutsche Bahn (DB) will pony up the remaining 24 billion. The two sides signed the contract guaranteeing the investments – the biggest ever in German history – in Berlin on Tuesday, 14 January 2020.

“The 2020s are going to be a golden era for German rail,” said German Transport and Digital Infrastructure Minister Andreas Scheuer. “We are signing on to the largest modernization program that’s ever existed in Germany. Our goal is a strong rail network as the basis for active climate protection in transportation.”

The volume of investment represented a 54 percent increase over the previous administrative period. Part of the money will be used to renew around 2000 kilometers of tracks and 2000 switching points every year. 2000 railways bridges will also be renovated by the year 2030. Seven billion euros will be spent on signal-box technology alone. Deutsche Bahn has said it wants to increase its fleet of super-fast ICE 4 trains from 39 to 137.

“The record size of this investment – plus the scope of areas it involves – will offer a wealth of opportunities for foreign companies as well as German firms to get involved,” says Germany Trade & Invest (GTAI) transportation expert Stefan Di Bitonto. “In fact companies from around the world are already taking part in the modernization process.”

Deutsche Bahn wants to see regular high-speed connections operating at quick intervals between all of Germany’s larger cities and is targeting 260 million passengers a year by 2030. The emphasis on rail is part of Germany’s ambitious strategy to dramatically reduce greenhouse gas emissions, and Deutsche Bahn CEO Richard Lutz has argued in the past that rail is “the only truly green mode of transport.”

Germany Trade & Invest (GTAI) is the economic development agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up in Germany.

SOURCE Germany Trade & Invest
http://www.gtai.com

Filed Under: Tech Tagged With: Germany, Rail Modernization, signal-box technology

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

Low-carbon fuels will be essential for decarbonization
Cloud Computing Market: Now is the Time
Europe’s Electricity Mix
Differential Privacy Tools
RealPage® Releases 2022 Market-Rate Apartment Affordability Report
The Army’s Robotic Combat Vehicle (RCV) Program
3G Networks are Dead

Market Research Media

SyntheticMetadata.com (Synthetic Metadata): Synthetic data will reduce personal customer data collection
Newspapers in the Digital Age
Venture Capital Digest
Fintech companies account for roughly 5% of banking revenue in the US and 20% in payments-related fields
Inflation Bites: The U.S. government can buy fewer infrastructure today
LuxurySucks.com (Luxury Sucks) vs BornIntoLuxury.com (Born Into Luxury): How do luxury brands adapt in the rapidly changing world?
InfluenceMgmt.com (Influence Management): Formal vs Informal Influence

Secondary Sidebar

Tech Events

2021 Silicon Slopes Summit, October 13-14, 2021, Salt Lake City
Join the Apache Kafka community at Kafka Summit Europe May 11-12, 2021
Photonics Industry Summit, September 21, 2022, Washington, DC
Fira de Barcelona celebrates the extension of MWC Barcelona until 2030
GraphQL Summit, November 10-11, 2021

Venture Capital

Facet Wealth Secures $100 Million in Series C Round
Techstars Continues to Demonstrate Commitment to the Start-up Ecosystem in Korea
FarmWise Raises $45M Series B To Expand AI-Powered Farm Equipment in U.S. Farms
DefenseStorm Secures $15M in New Financing Round, Including $5M from Community and Mid-Size Bank Venture Fund JAM FINTOP
0x Labs Raises $70M Led By Greylock, to Continue Expanding Web3’s Core Exchange Infrastructure

Footer

Recent Posts

  • Williams Invests in Technology to Generate Zero-Emission Hydrogen with Natural Gas
  • Nuclear power is overall one of the least deadly sources of energy
  • Postal Service Modernization Enables Expanded Electric Vehicle Opportunity
  • Toshiba Materials in Major Investment to Increase Silicon Nitride Ball Production Capacity
  • Ravn Alaska Orders 30 Hydrogen-Electric Engines from ZeroAvia
  • Sisvel Launches a Patent Pool on Wi-Fi 6
  • U.S. solar manufacturing missing a window of opportunity
  • General Atomics Advances Fusion Technology with Silicon Carbide (SiC)–Based Materials
  • Berge Bulk vessels to receive Anemoi Rotor Sails in its move towards a zero-emission fleet
  • BIRD – Israel-U.S. Binational Industrial R&D Foundation to invest $7.9 million in 9 new projects: The approved projects, with an overall budget of $20 million, involve innovations in the areas of Drones, Energy Efficiency, Environment Protection, Medical Devices, Pharma, Software and AI

App Coding

Amazon MWS Integration from Celigo Now Available on SAP® Store
Browser innovation has stalled
Scrub your code in real-time
web3 iteration of the internet
New app to help northeastern Illinois drivers avoid traffic and earn rewards for improving their commute

API Coding

What is a REST API?
DarkOwl Announces Release of Ransomware API
LeadDev London! The event for engineering leaders
Fintech AI Leader Photon Commerce Partners With Identifee to Enable Banks to Instantly Digitize and Analyze Statements
Profound Logic Builds IBM i Salesforce API Integration Example without Writing a Single Line of Code

Blockchaining

Russia Sanctions and Cryptocurrencies: Policy Issues
NFT Technologies Goes Public on the NEO Exchange
Non-Fungible Tokens (NFTs)
Flowcarbon Raises $70M to Tokenize Carbon Credits and Build an On-chain Market With a16z crypto as Lead Investor
Bit.Store Platform Launches Social-Fi Collaborative Investment

Event Calendar

Cvent CONNECT Conference, August 1-4, 2021
Ministry of Environment to Hold Online Environmental Exhibition “Virtual Japan Pavilion – Innovation for 2050 Net-zero”, March 3 – 23, 2021
InfoComm, June 8-10 2022, Las Vegas
SEMICON West exhibition and conference, July 12-14, 2022, San Francisco
IAA Mobility 2021, September 7-12, Munich Trade Fair Center, Munich, Germany

Copyright © 2022 Technologies.org

Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT