Three more contracts signed for Malolos-Clark railway
The Philippines’ Department of Transport has awarded on September 18 the contracts for three construction packages for a total of […]
Financial
MTA requests federal funding to keep the contracts with its suppliers
Patrick Foye, the Chairman of New York Metropolitan Transportation Authority (MTA), has sent a series of letters to 11 largest […]
Global rail market to grow by 2.2% per year, study says
The worldwide railway market will grow by 2.2% per year to EUR 213.2 billion in 2024, according to a new […]
USD 1.2 billion for San Francisco Transbay corridor capacity
The US Federal Transit Administration has provided San Francisco Bay Area Rapid Transit District (BART) a USD 1.2 billion grant […]
Alstom to acquire Bombardier Transportation at a lower price than estimated
Alstom announced that it signed the sale and purchase agreement (SPA) with Bombardier Inc and Caisse de dépôt et placement […]
USD 929 million for Minneapolis Southwest LRT extension
The US Federal Transit Administration (FTA) provided a USD 928.8 million grant for Minneapolis Southwest light rail transit project, comprises […]
EUR 234 million Cohesion funding for a rail project in Poland
The European Commission approved a EUR 234 million funding from the Cohesion Fund to upgrade 117 km of the Skawina-Zakopane […]
A new European funding for Divaca-Koper rail project
A EUR 80 million financing was approved by the European Commission through the Cohesion Fund for the construction of a […]
AIIB loan signed for Izmir metro extension
The Asian Infrastructure Investment Bank (AIIB) is providing a EUR 50 million loan for Izmir metro extension following a loan […]
EIB approves Kanpur metro loan
The European Investment Bank will provide a EUR 650 million loan for Kanpur metro project following the assessment announced at […]