UIC: IFIs will grant 40% of transport funds to railways
“Worldwide, there is a series of railway infrastructure projects underway, while others are due to be initiated over the next […]
Asia Leads
Turkey: new tender for 80 high speed trains to open soon
Transportation, Maritime and Communication Minister Lütfi Elvan announced that the first national high speed train, which was designed by Turkish […]
Iran needs foreign investors to launch Qazvin-Rasht-Astara railway
Iran needs financial resources to inaugurate the Qazvin-Rasht-Astara railway. Iran’s transport minister Abbas Akhoundi said if the required financial resources […]
Philippines: MTR Corporation and a Japanese company, among potential constructors for a railway project
Philippines Bases Conversion and Development Authority (BCDA) announced that is in talks with MTR Corporation (Hong Kong) and a Japanese […]
Turkey: Consultancy offers for Kocaeli light rail
Nine companies presented offers for consultancy for Kocaeli tram project. The light rail tram project consist in a 33 km […]
Israel: four companies interested in building the Carlebach TA light rail station
Four consortia applied for the tender concerning the underground Carlebach railway station of the NTA Metropolitan Mass Transit System Ltd. […]
Kuala Lumpur to launch tender for Mass Rapid Transit Line 2
Mass Rapid Transit Corp Sdn Bhd (MRT Corp), Kuala Lumpur, is planning the initial tendering process for the MRT Line […]
Turkey: Arkas will invest in railway development
Arkas Group recently agreed for a credit of USD 235 million. The loan will be used for new investments in […]
Kuwait Parliament approves new spending plans including transport
The Kuwaiti National Assembly has approved a national budget of KD34.15 billion (USD 115.5 billion) that includes large infrastructure projects, […]