Rail Business

Bernard Tabary, Keolis International CEO, was quizzed by the media on the Wales and Border franchise and other topics during a Q&A session at InnoTrans.

With UK transport secretary Chris Grayling looking on, both contracts were signed by representatives from all parties.

Progress Rail has served the Egyptian market since the 1950s through its EMD brand.

RIA chief executive Darren Caplan described the pact as a "great example of an industry reaching out to fellow colleagues across the globe, to develop new trade links and cooperation".

Around 130,000 guests are expected over the course of four days, with 3,062 companies and institutions from 61 different countries showcasing new or improved products and services.

The winning bidder for the £362 million contract will be announced in 2019, with the new fleet introduced in stages from the end of 2021 as the existing stock is phased out.

The new trains will be progressively introduced into service, with the entire fleet delivered by early 2019.

Current rail links connect Sydney and Brisbane airports to their respective cities and a rail link is currently under construction in Perth.

The Outdoor Display at InnoTrans 2018, which will include around 3,500 metres of track, will feature more than 150 vehicles ranging from regional passenger trains to on-track plant.

That is according to the UK's Transport Committee, which has published a new report into what went wrong.