Moscow-St. Petersburg HSR could cost USD 24 billion
Russia’s Deputy Prime Minister, Maksim Akimov, has announced that the Moscow-St. Petersburg high-speed rail line is estimated at RUB 1.5 […]
Financial
Genesee & Wyoming to be sold at USD 8.4 billion
Brookfield Infrastructure and Singapore’s GIC has acquired Genesee & Wyoming, a U.S. rail freight operator, under a USD 8.4 billion […]
Funding agreement signed for Berlin Siemensbahn reactivation
Ronald Pofalla, DB Board Member for Infrastructure, and Berlin Mayor, Michael Müller, signed, at the Wernerwerk station, the financing contract […]
Federal funding to increase Dallas LRT capacity
The U.S. Federal Transit Administration provided Dallas Area Rapid Transit (DART) a USD 60.7 million grant to build light-rail capacity. […]
Authorities seek funding to install ATC on Perth’s Metronet
Western Australia’s government has submitted to Infrastructure Australia the plans to replace Perth’s ageing train signalling network with a high-tech […]
Midlands Connect unveils an east-west connection strategy
Midlands Connect consortium, made by 22 local authorities and regional transport authorities, submitted to government an up to GBP 2 […]
Funding awarded for VIA Rail’s High Frequency project
The Government of Canada and Canada Infrastructure Bank are providing a total of CAD 71.1 million (USD 53.9 million) to […]
European railway operators ask for air fuel taxation
European railway operators have asked the European Union ministers of finances to end the exemption of customs taxes for the […]
USD 326 million grants for railway projects in the U.S.
The U.S. Federal Railway Administration (FRA) provided USD 326 million funds under the Consolidated Rail Infrastructure and Safety Improvements (CRISI) […]
EIB to support Estonia’s railway projects
The European Investment Bank has under appraisal a EUR 220 million rail modernisation project in Estonia. The EUR 100 million […]