China to invest more that USD 120 billion in railway infrastructure
China will invest CNY 800 billion (USD 121.4 billion) in fixed assets in 2016 in order to expand the railway […]
Financial
WB and Indian Railways to establish an infrastructure Fund
The World Bank and the Indian Railways would work together to create a Railway Development Fund that will partly finance […]
California HSR Authority enters into station-area planning agreement
The California High-Speed Rail Authority entered into a station-area funding agreement with the City of Burbank to begin the planning […]
Dubai: RTA is seeking USD 2 billion for metro line extension
Dubai’s Road and Transport Authority (RTA) is seeking USD 2 billion for the financing of 15 km metro line extension […]
Alstom is entirely refocused on rail transport
Over the third quarter 2015/16 (from 1 October to 31 December 2015), Alstom booked a strong EUR 2.4 billion of […]
Helsinki – Tallinn railway tunnel MoU signed
On January 5, 2016, the City of Helsinki, the City of Tallinn, Finnish Ministry of Transport and the Estonian Ministry […]
BTK to attract new investments in Turkey
The Baku-Tbilisi-Kars (BTK) railway will attract new investments in Turkey after commissioning, Kenan Yavuz, the head of SOCAR Turkey Enerji, […]
Turkey to join Asian Infrastructure Investment Bank
Turkish President Recep Tayyip Erdogan has approved the country’s joining the founders of the Asia Infrastructure Investment Bank (AIIB) led […]
Transport sector is a priority for Azerbaijan
The development of the transport sector will be on the focus of the Azerbaijani government as a priority in 2016. […]
Cosco the only bidder for a majority stake in Piraeus Port
The Hellenic Republic Asset Development Fund (HRADF) announced that only Cosco Group submitted the offer for the acquisition of a […]