Funding announced for Gatwick Airport train station
The UK The Department for Transport (DfT) announced a GBP 150 million (EUR 167 million) to upgrade Gatwick Airport train […]
Financial
Federal funding for three U.S. rail transit projects
The U.S. Federal Transit Administration announced a USD 300 million federal funding for three rail transit projects in Arizona, California, […]
Agreement signed for Malolos–Clark railway project
Philippine Finance Secretary, Carlos Dominguez III, and the Asian Development Bank Vice-President, Ahmed Saeed, signed a USD 1.3 billion loan […]
RZD spends USD 450 million for suburban fleet renewal
By the end of this year, RZD planned a RUB 28.7 billion (USD 450 million) investment for a suburban fleet […]
France introduces plane ticket eco-tax to finance rail transport
Paris Government announced the introduction of a plane ticket eco-tax between 1.5 and 18 euros to finance railway transport. As […]
EUR 725 million for railway projects in Upper Austria
ÖBB and Upper Austria (Land Oberösterreich) agreed on a EUR 725 million investment programme for the electrification and modernisation of […]
Corruption made in Austria. “The Red File”: possible sanctions of tens of millions of euros after searches at Porr and Strabag
Austrian prosecutors’ suspicions of corruptions have recently led to searches at Porr, Strabag and other companies. Now, the head of […]
China’s HSR development, a lesson for other countries, WB says
According to a study released by World Bank, China’s long term planning and standardization of design are among the country’s […]
India unveils a USD 9.6 billion budget for railways
Under the Union Budget 2019-2020, Indian Railways received an allocation of Rs. 65,837 crore (USD 9.62 billion), representing an increase […]
EIB funding for Plzeň tram procurement
The public transport company in Plzeň, PMDP, received a EUR 50 million EIB loan for the procurement of new trams […]