World Bank okays loans for Croatian railway companies
The World Bank’s Board of Directors approved three loans totaling 163.5 million euros to three Croatian railway companies, HZ Infrastructure, […]
Financial
The acquisition of AnsaldoBreda and Ansaldo STS by Hitachi is cleared
The European Commission has approved under the EU Merger Regulation the acquisition of sole control over AnsaldoBreda S.p.A. and Ansaldo […]
Rail Baltica will be allocated 85% of financing if the project meets conditions
During the 3rd ASEM transport ministers’ meeting in Riga, European Transportation Commissioner Violeta Bulc said that the Rail Baltica high-speed […]
Washington: Airports Authority updates status of Silver Line Metrorail construction project
The Metropolitan Washington Airports Authority announced that design modifications made to enhance the safety and reliability of the Metrorail Silver […]
Ontario moving forward with Finch West Light Rail Transit project
As part of the largest infrastructure investment in Ontario’s history, the province is moving ahead with the USD 1.2 billion […]
India: metro project in Tiruchirapalli to be taken over by the Southern Railway
The Tiruchirapalli City Corporation has agreed to hand over the construction of the metro to the Southern Railway. The Tiruchirapalli […]
Altynkol – Khorgos railway crossing raised the rating of Kazakhstan
Opening of a new railway crossing Altynkol – Khorgos on the Kazakhstan-Chinese border made positive impact on Kazakhstan’s position in […]
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 […]
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 […]