Singapore to purchase 29 new trains by 2019
Singapore’s Land Transport Authority (LTA) and operator SMRT have announced plans to procure 29 new trains by 2019 to increase […]
Asia Leads
Turkmenistan preparing to link Turkmen-Iranian part of transnational railway
Turkmenistan is getting ready to launch the railway connection of Turkmen-Iranian section of the Kazakhstan-Turkmenistan-Iran transnational railway. The construction of […]
Vietnam signs grant for HCM City Metro network
The US Trade and Development Agency signed an agreement to provide a non-refundable USD 1.5 Million grant to the HCM […]
Philippines: contract for Manila-Cavite elevated railway
The Light Rail Manila consortium, led by Metro Pacific Investments and Ayala Group, has won a contract on the extension […]
China’s investments will total some 886 billion euros by 2025
The mass transit rail market in China is growing at a phenomenal rate. By the end of last year the […]
Vladimir Yakunin: European countries interested in UTLC project
European countries have displayed an interest in the United Transport and Logistics Company (UTLC), head of the JSC Russian Railways […]
Etihad Rail set to launch next phase of UAE railway network
The United Arab Emirates’ railway developer Etihad Rail is set to secure government funding and award contracts to build the […]
EBRD finances Eastcomtrans
The EBRD is considering a facility for Eastcomtrans LLP, the Kazakhstan-based rail wagon leasing and freight-forwarding company. The facility consists […]
EBRD lends EUR 121M to Kazakh railways
The European Bank for Reconstruction and Development (EBRD) is providing a 30 billion tenge (local currency equivalent of EUR 121M) […]