Israel has approved the construction of the first rail link between its Mediterranean and Red Sea coasts, offering a new Asia-Europe trade route to compete with the Suez Canal, a project in which India is also said to have evinced interest.
The so called proposal for Red-Med train link was unanimously approved by the Israeli cabinet and its construction is likely to take about five years from the time of start at a cost of approximately $ 2.3 billion.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/israel-approves-key-rail-link-%E2%80%98interest%E2%80%99-india
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/israel
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rail-transport
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mediterranean-sea
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/red-sea
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/asia
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/europe
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/china
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/transport
