India: Kerala seeks UAE funds for USD 10bn high speed rail project
The government of the Indian state of Kerala is seeking multi-billion dollar funding for the proposed high-speed railway project in […]
Financial
Romania: the new metro Line 6 to be financend by emission certificates selling
For the financing of the Bucharest new metro Line 6 project (the line which will provide metro network connection to […]
Chinese companies eye a stake in Bombardier’s train activities
Chinese locomotive manufacturers CSR Corp. and China CNR Corp. are analyzing the possibility of acquiring a controlling stake in Bombardier […]
Minneapolis: costs soar for Southwest light rail corridor
The estimated cost of the Southwest Corridor light rail project in Minneapolis has increased by EUR 257 million toEUR 1.5 […]
Denmark approves the construction of Fehmarn Belt fixed link
The Danish Parliament approved the Construction Act for Fehmarn Belt fixed link for the Danish section. With this approval, the […]
Canadian National earmarks C$500 million for the Western region
Canadian National Railway Company (CN) has embarked on a C$500 million multi-year capital investment program for infrastructure improvements to its […]
Indian Railways to launch train acquisition tender
Indian Railways (IR) announced that intends to launch a tender for the acquisition of a fleet of fixed-formation 200km/h trains […]
Russia and Cuba to establish joint transportation and logistics company
“UVZ-Logistic” and “El Grupo Empresarial de la Industria Sidero-Mecánica” (GESIME), a Cuban ferrous metallurgy and machine-building group signed an agreement […]
Vietnam: green light for private investment in railway projects
Vietnam Railways Corporation (VRC) put forward a proposal to allow private investors to build logistic facilities and offer associated services […]
PKP PLK to invest EUR 12.5 billion for rail projects
In 2016-2023, Poland’s railway infrastructure manager PKP PLK will launch railway projects worth more than PLN 50 billion (EUR 12.5 […]