New funding to support Glasgow and Edinburgh LRT operators
The Scottish Government is to provide a further £8 million (EUR 8.85 million) of emergency funding for Glasgow Subway and […]
Financial
Additional funding for Phoenix South Central LRT extension
The U.S. Federal Transit Administration (FTA) and the Valley Metro have signed a USD 529.8 million federal funding agreement for […]
EUR 1.1 billion for urban rail projects in two Egyptian cities
The European Investment Bank and the Egyptian government signed a EUR 1.13 billion agreement for the rehabilitation and expansion of […]
Poland modernises 21 engineering structures on CMK
PKP Polish Railway Lines signed a contract for the modernisation of 21 bridges, viaducts and culverts on the Central Railway […]
Shortlisted announced for the first section of Divaca-Koper second track
The Management Board and the Supervisory Board of 2TDK, the investor and concession holder of the Divaca-Koper rail project has […]
EC approves state aid scheme for German public transport
The European Commission has approved a EUR 300 million German state aid scheme for the period 2020-2023 to support innovative […]
Additional federal funding for Inland Rail
A AUD 5.5 billion (USD 4.2 billion) Inland Rail financing was provided by the Government of Australia to deliver the […]
CP completes Detroit River Rail Tunnel acquisition
Canadian Pacific (CP) has announced it has completed the acquisition of an 83.5 percent stake in the Detroit River Rail […]
USD 500 million for rail transit projects in the U.S.
The U.S. Administration provided USD 544.3 million funding to the Department of Transportation’s Federal Transit Administration (FTA) for seven transit […]
EIB and CD Cargo sign loan agreement for rolling stock acquisition
The European Investment Bank and CD Cargo signed a CZK 3.43 billion (EUR 130.4 million) financial agreement to support the […]