India: metro project in Tiruchirapalli to be taken over by the Southern Railway
The Tiruchirapalli City Corporation has agreed to hand over the construction of the metro to the Southern Railway. The Tiruchirapalli […]
Financial
Altynkol – Khorgos railway crossing raised the rating of Kazakhstan
Opening of a new railway crossing Altynkol – Khorgos on the Kazakhstan-Chinese border made positive impact on Kazakhstan’s position in […]
India: Kerala seeks UAE funds for USD 10bn high speed rail project
The government of the Indian state of Kerala is seeking multi-billion dollar funding for the proposed high-speed railway project in […]
Romania: the new metro Line 6 to be financend by emission certificates selling
For the financing of the Bucharest new metro Line 6 project (the line which will provide metro network connection to […]
Chinese companies eye a stake in Bombardier’s train activities
Chinese locomotive manufacturers CSR Corp. and China CNR Corp. are analyzing the possibility of acquiring a controlling stake in Bombardier […]
Minneapolis: costs soar for Southwest light rail corridor
The estimated cost of the Southwest Corridor light rail project in Minneapolis has increased by EUR 257 million toEUR 1.5 […]
Denmark approves the construction of Fehmarn Belt fixed link
The Danish Parliament approved the Construction Act for Fehmarn Belt fixed link for the Danish section. With this approval, the […]
Canadian National earmarks C$500 million for the Western region
Canadian National Railway Company (CN) has embarked on a C$500 million multi-year capital investment program for infrastructure improvements to its […]
Indian Railways to launch train acquisition tender
Indian Railways (IR) announced that intends to launch a tender for the acquisition of a fleet of fixed-formation 200km/h trains […]
Russia and Cuba to establish joint transportation and logistics company
“UVZ-Logistic” and “El Grupo Empresarial de la Industria Sidero-Mecánica” (GESIME), a Cuban ferrous metallurgy and machine-building group signed an agreement […]