Latvian Government supports Daugavpils – Riga electrification
Latvian Government has announced that it will support the electrification of Daugavpils-Krustpils-Riga railway line. Transport Minister Uldis Augulis said that […]
Financial
Qalaa Holdings might sell stake in Rift Valley Railways
Egyptian investment company Qalaa Holdings has confirmed that it is talking to several local and international investors as it seeks […]
Alstom booked EUR 1 billion of orders
Over the third quarter 2016/17 (from 1 October to 31 December 2016). Alstom booked EUR 1 billion of orders, including […]
US transit rail and bus systems need USD 26.4 billion per year
According to a new report on the state of America’s transport infrastructure released by the US Department of Transport, USD […]
Philippines to launch Manila- Malolos construction
Philippines authorities will launch in the fourth quarter of this year the construction of Manila- Malolos railway line, as part […]
Russia-Japan railway corridor needs massive budgetary funding
The project of a direct railway corridor between Russia and Japan will require budgetary funding of no less than 75% […]
Russia extends Serbia’s rail modernisation credit
Russia and Serbia have signed a Protocol amending the export credit agreement that involves the extending of the USD 800 […]
OC Streetcar rolls into final design phase
US Federal Transit Administration (FTA) issued a letter announcing its support for Orange County’s first tram project. According to this […]
Transholdleasing takes loan to fund rolling stock for Moscow Metro
JSC Transholdleasing signed a loan agreement with Vnesheconombank providing for a RUB 27.62 billion (EUR 437 million) credit facility maturing […]
Poznan to purchase new trams
European Investment Bank has under appraisal Poznan Tram III phase co-financing. The project involves the acquisition of new trams and […]