Slovenia to increase investment in transport infrastructure
Slovenia’s state budget revenue for 2017 is forecast at around EUR 8.8 billion, an increase of 5% compared to the […]
Financial
EIB approves EUR 2.2 billion for strategic infrastructure
The Board of Directors of the European Investment Bank approved more than EUR 7.3 billion of new loans for investment […]
China to propose Hungary the financing of Budapest-Belgrade project
Within Budapest-Belgrade railway project, Chinese party would submit its financing proposal to the Hungarian party by the end of October […]
Azovmash ships EUR 100 million worth railcars to Iran
Public joint-stock company Azovobschemash (Mariupol, Donetsk region), the flagship company of the leader of Ukrainian heavy engineering Azovmash Group, will […]
ADB to fund Bangladesh Railway’s modernization projects
The Asian Development Bank (ADB) will provide $200 million to help Bangladesh Railway (BR) to increase its passengers and goods […]
Serbia wants deadline extension for use of Russian rail loan
The Serbian Transport Ministry announced that authorities expect to reach an agreement with Russia next month on extending the deadline […]
Sweden: NIB finances new passenger trains for AB Transitio
Nordic Investment Bank (NIB) and Swedish AB Transitio have signed a 20-year loan agreement of SEK 695 million (EUR 73 […]
Auckland’s CRL to be partially funded by the Government
The Government of New Zealand has agreed to fund half of the USD 2 billion – USD 2.46 billion required […]
Peru: Brazil-Peru interoceanic rail project under doubt
Peruvian President Pedro Pablo Kuczynski admitted in Beijing that the interoceanic railway project, proposed by China to connect Brazil’s Atlantic […]
Federal funds to improve Metro-North and Long Island rail road crossings
Grade crossings along the Long Island Rail Road service areas will see safety upgrades thanks to federal grant money. The […]