Kyrgyz President Sadir Japarov made important statements at the “Central Asia + Germany” summit in Astana. Japarov announced that he wants to cooperate with Germany’s business world on the railway project that will connect China, Kyrgyzstan and Uzbekistan. Strategic Railway Project President Japarov stated that the China-Kyrgyzstan-Uzbekistan railway project will significantly improve trade and logistics...
Category: Infra
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Swiss Saga, Part 3: Tunnel vision at Lötschberg – Trains
A Trenitalia high speed train from Milan emerges from the Lötschberg Base Tunnel at Frutigen, Switzerland on Sept. 17, 2024. David Lassen SPIEZ, Switzerland — At the midpoint of this busy Swiss trip, I have — for the time being — moved on from working on my article on the Rhätische Bahn to work for...
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New research infrastructure: ‘Alps’ supercomputer inaugurated
The new research infrastructure is based on a Cray Supercomputer EX from Hewlett-Packard Enterprise (HPE) and has 10’752 of the world’s coveted NVIDIA Grace Hopper superchips. This makes ‘Alps’ one of the fastest computers in the world. In the Top500 list of supercomputers from June 2024, it was ranked 6th in the first expansion stage....
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Construction starts on first large-scale solar park in Swiss Alps
Switzerland wants to develop large solar farms in high-mountain regions to generate lots of extra renewable power, especially in winter. The first major project under the federal government’s “Solar Express” scheme is being built near the village of Sedrun in southeast Switzerland. This content was published on September 13, 2024 – 09:00 Simon Bradley...
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Switzerland reopens embassy in Iraq after 33 years
Switzerland closed its embassy in Iraq as a result of the 1991 Gulf War, which was waged to evict Iraqi strongman Saddam Hussein’s forces from Kuwait. BAGHDAD – Switzerland officially reopened its embassy in Baghdad on Tuesday, marking its return after a 33-year closure that followed the Gulf War, reported Xinhua. In a statement,...
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Two executives convicted in Switzerland over 1MDB scandal
The defendants are the director of the oil company PetroSaudi with offices in Geneva and a business partner. GENEVA – Two men have been sentenced to six and seven years in prison for embezzlement in Switzerland in connection with the Malaysian state fund 1MDB (1Malaysia Development Berhad). Switzerland’s Federal Criminal Court in Bellinzona ruled...
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USACE staff observe dam infrastructure in Switzerland in preparation for tunnel project in Alaska
JOINT BASE ELMENDORF-RICHARDSON – Although the project development team was thousands of miles from home, the scenery felt strangely familiar. The peaks and glaciers of their daily lives in Alaska had been replaced with similar features in the central European nation of Switzerland, where staff from the U.S. Army Corps of Engineers – Alaska...
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300 Nokia 4G/5G drones to be deployed across Switzerland for emergency response and infrastructure monitoring
Swisscom Broadcast is deploying 300 of Nokia’s ‘Drones-as-a-Service’ networks across Switzerland to enable emergency response, handle perimeter protection, and conduct infrastructure inspections. The drones communicate over 4G or 5G networks. The drone-in-a-box as-a-service solution includes a Nokia drone, docking station, parachute, payload equipment such as a dual gimbal camera, software ground control station, and a...
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Conquer Europe on a budget: Malaysian mom shares cost-saving travel hacks
KUALA LUMPUR – Traveling abroad, especially to Europe, can be an expensive affair for Malaysians due to their stronger currencies. However, backpacking makes the dream of traveling around the world more achievable as it is more budget-friendly and cost-effective. Last year, part-time baker Sharifah Sakinah Nadia Syed Shahir explored three countries in Europe,...
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Germany shuts one of its busiest rail routes for 5 months, launching drive to improve reliability – ET Infra
BERLIN: One of the busiest railway lines in Germany, the 70-kilometer (45-mile) stretch between Frankfurt and Mannheim, is closing for five months starting Monday as the country launches an effort to get its notoriously disruption-prone network into shape. State-owned railway operator Deutsche Bahn is closing the route until Dec. 14 and plans a full overhaul...
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Infrastructure valuations | UBS Switzerland
Longer term interest rates more relevant for infrastructure Private infrastructure equity was up ~10% in 2022, and is currently up ~4% in 1H23, according to both MSCI and Burgiss. However, the resilient performance has only attracted some skepticism around valuations. Critics argue that under the current interest rate pressures, infrastructure discount rates should also adjust...
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Agritech startup Arya.Ag raises $29 million from investors
Agritech startup Arya.Ag on Wednesday said it has raised USD 29 million (Rs 242 crore) in a funding round from investors to expand its business. The company, an integrated grain commerce platform, said in a statement that the amount was raised in a Pre-Series D funding round, led by Switzerland-based investment firm Blue Earth Capital....