Government okays Serbian Railways’ division
The Serbian government has made a formal decision to divide the Serbian Railways into four companies, the Ministry of Construction, […]
Financial
Minnesota: Metropolitan Council to reduce LRT project costs
The Metropolitan Council announed that Southwest Station will become the Southwest LRT’s westernmost stop, eliminating Mitchell Road Station, and Town…...
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Gautrain boosts GDP and property development
According to an assessment of the economic impact, the Gautrain project contributed around R20 billion (USD 1.6 million) to the […]
Zambia Railways to build new line this year
Zambia Railways plans to launch construction works on 590 km north-west railway that will run to mines in Kansanshi, Lumwana…...
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Poland to purchase 78 new trams under EIB financing
The European Investment Bank (EIB) has provided two loans totalling over PLN 320 million (EUR 75.6 million) for the purchase […]
Council agrees its position on EU budget 2016
On 9 July 2015, the Council’s Permanent Representatives Committee agreed its position on the draft 2016 EU budget, on the […]
France: EUR 1.5 billion to purchase new rolling stock
French Transport Secretary Alain Vidal has unveiled a multi-billion euro investment plan to revive the intercity transport services. On July…...
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BRICS launched USD 100 billion reserve currency pool
The central banks of BRICS countries- Brazil, Russia, India, China and South Africa, have signed operational agreement on 7 July…...
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RZD negociates with India on railway projects
Russia wants to participate in India’s railway projects and the two sides will negociate in this regards, RZD President Vladimir…...
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Kansas Southern Railway to invest USD 21 million in rail infrastructure
Kansas City Southern Railway Company (KCSR) will invest approximately USD 20.9 million in 2015 on construction and improvement projects on…...
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