Russia and Iran sign EUR 1.2 billion rail contract
On December 13th, RZD International and Islamic Republic of Iran Railways signed an additional agreement of the contract for the […]
Financial
EIB provides loan for Rotterdam metro train acquisition
The European Investment Bank and the Rotterdam Electric Tram (RET) have signed a loan agreement of EUR 120 million for […]
Kuala Lumpur-Singapore HSR agreement signed
On December 13, the Kuala Lumpur-Singapore High Speed Rail bilateral agreement was signed in Putrajaya, Malaysia, setting the stage for […]
Slovenia to review costs of Divača – Koper rail project
Slovenian Infrastructure Ministry will publish the findings of a cost-review of the expansion of the railway between Divača and the […]
Russia and Serbia agree to extend loan repayment deadline for rail projects
Russia has extended the repayment deadline period for the loan for modernizing the Serbian railway until 2021. Russia and Serbia […]
India approved phase I of Pune metro
India’s Union Cabinet approved the phase I of Pune metro rail project. The project of the western Indian city is […]
New York grants Alstom’s expansion for manufacturing operations
New York Governor Andrew M. Cuomo announced USD 30 million in state funding to support the expansion of Alstom Transportation, […]
EFSI extension agreed by European Council
On 6 December 2016, the European Council agreed its stance on a proposal to extend the lifespan of the European […]
USD 75 million for Chicago’s Red Line extension
Chicago Transit Authority approved an amendment to its FY2016-FY2020 Capital Improvement Plan to include USD 75 million in funding for […]
KfW IPEX could support Iran rail plan
Germany’s state-run bank KfW IPEX would provide a credit line worth EUR 1.2 billion for the development of a railway […]