Sumitomo acquires stake in Manila LRT-1 operator
Sumitomo has indirectly acquired about 19.2% shares of Light Rail Manila Corporation (LRMC) which operates and maintains Manila LRT-1 line. […]
June 2020
Ontario Line RFQs issued
The government of Ontario has launched the first two public-private partnership Requests for Qualifications for the design, construction and maintenance […]
New federal funding for rail transit projects in the US
The Federal Transit Administration (FTA) will provide USD 891 million new funding for transit systems in the US, supporting the […]
NRC Group wins two infrastructure contracts in Finland and Sweden
The NRC Group won contracts with a total value of EUR 22.7 million for railway projects in Finland and Sweden. […]
Construction to begin for Western Sydney airport metro line
The construction of Western Sydney Airport metro line will start later this year which will provide transport links from St […]
Global transport leaders present visions of post-COVID future in first IRS Rail Webinar
Elisabeth Werner, the European Commission’s Director of Land Transport, and François Davenne, Director General of the International Union of […]
Victoria extends incentive scheme to boost rail freight transport
The Victorian government has extended the Mode Shift Incentive Scheme (MSIS) designed to shift road transport to railways. Extended until […]
MTR obtains approval for Tuen Mun South extension design
The Government of Hong Kong provided MTR Corporation the approval to proceed with the detailed planning and design of the […]
Mitsubishi Electric acquires stake in EKE-Electronics
Mitsubishi Electric and EKE-Electronics entered cooperation as 34% shares were acquired from EKE Group. Through this strategic move, Mitsubishi Electric […]
Loan agreements signed for Trenitalia fleet renewal
EUR 800 million loan agreements for Trenitalia were recently signed by FS Italiane and three financial institutions for rolling stock […]