EUR 2 billion investment for Vienna rail expansion
ÖBB and City of Vienna signed an agreement to develop the railway infrastructure, selecting six projects which will promote the […]
Financial
ADB loan for Dhaka MRT-5 feasibility study
The Asian Development Bank approved a concessional loan of USD 33.26 million for Dhaka MRT line 5. The loan will […]
EIB supports Marseille metro project
The European Investment Bank and Métropole Aix-Marseille-Provence signed an agreement for the provision of a loan which will fund the […]
EIB provides funding for Bhopal metro
The European Investment Bank will provide Madhya Pradesh Metro Rail a EUR 400 million loan for the construction of two […]
CFR Călători announces DMU procurement plans
For the first time since 2003, when 120 Siemens Desiro trains were purchased, the Romanian state-owned rail passenger operator, CFR […]
USD 500 million loan for Mumbai railway network
The Asian Infrastructure Investment Bank (AIIB) and India’s government agreed on a USD 500 million loan for the modernisation of […]
Thelo DB and Afreximbank sign rail development agreement
The African -Export Import Bank (Afreximbank), and Thelo DB, a South Africa-based incorporated partnership, signed a memorandum of understanding to […]
USD 1.3 billion infrastructure package unveiled for Queensland
The Australian Prime Minister, Scott Morrison, and his Queensland counterpart, Annastacia Palaszczuk, announced a AUD 1.9 billion (USD 1.3 billion) […]
Queensland announces subsidies to shift road to rail freight transport
Queensland Government will provide a AUD 80 million (USD 54.37 million) subsidy for Mount Isa Line to boost minerals freight […]
First BAM and Transsib modernisation phase to be completed in 2020
Russian Railways has announced that next year will complete the first stage of Baikal-Amur (BAM) and the Trans-Siberian railway modernisation […]