EU funding for Slovenia’s Maribor rail modernisation
The European Union provided Slovenia, through the Cohesion Fund, a EUR 101 million grant to upgrade the rail section between […]
Financial
Funding approved for Hamilton – Auckland commuter rail service
The new rail service between Hamilton and Auckland will be implemented, as the NZ Transport Agency has approved the funding […]
EIB signed Pune Metro loan agreement
The European Investment Bank signed the EUR 600 million loan agreement for Pune metro rail project, which has a total […]
Ten U.S. States receive federal funding for railway projects
The U.S. Federal Railroad Administration (FRA) announced more than USD 272 million in grant funding to 10 rail projects in […]
Metra receives funding for Milwaukee Avenue bridge
The U.S. Department of Transport (DOT) will provide Metra, Chicago’s metropolitan operator, a USD 17.84 million for rail improvements. The […]
European funding for Naples – Cancello second track
Italy has received EUR 114 million European financing, through the European Regional Development Fund (ERDF) to build a new 15.5 […]
Funding agreed for Quebec transit network development
Canadian Prime Minister, Justin Trudeau, and Quebec’s Minister of Transport, François Bonnardel, announced joint funding to establish a structuring public […]
ADB funds Sri Lanka’s railway sector
Sri Lanka Railways received a USD 160 million loan from Asian Development Bank (ADB) for the implementation of an efficiency […]
US EXIM to fund locomotive procurement in Ukraine
The Export–Import Bank of the United States, which confirmed the resumption of cooperation with Ukraine, intends to provide financial support […]
Kostenets–Septemvri modernisation contract signed
Bulgarian railway infrastructure manager, NRIC, and Kostenets DZZD – Septemvri 2018 consortium signed a BGN 380 million (EUR 194.3 million) […]