EPC contract singed on Erdenet – Ovoot rail
Northern Railways LLC, Aspire’s 80% owned subsidiary, signed a conditional engineering, procurement and construction contract with the JV formed by […]
Financial
Increased costs for the first phase of California HSR
According to California High Speed Rail Authority’s latest report, the project’s cost has increased by almost USD 2 billion, to […]
Krakow launches tender for 60 low-floor trams
MPK Krakow has announced the tender for the procurement of up 60 new low-floor trams, for which the interested companies […]
USD 500 million for Uruguay’s Central Railway line
IDB Invest, part of Inter-American Development Bank (IDB) Group, has approved a USD 500 million funding for the modernisation of […]
Belarus to receive Chinese financing for electrification works
Belarusian Railway and China’s Export-Import bank signed a USD 65.7 million loan agreement which will finance the electrification of two […]
Canada funds 136 rail safety projects
The Canadian government will fund 136 projects under the Infrastructure, Technology and Research programme, which is part of the Rail […]
CRRC opens financial leasing business
CRRC has opened a financial leasing subsidiary, CRRC Financial Leasing (CRRCFL), as part of its overseas expansion business plan. The […]
Shift2Rail 2 must be included in the next Horizon programme
UNIFE has published a vision on digitalization, called ‘Digital Trends in the Rail Sector’, which aims to express organisation’s view […]
East Coast Rail Link back on track after cost reduction agreement
Malaysia Rail Link Sdn Bhd (MRLSB) and China Communications Construction Company Ltd (CCCC) signed a supplementary agreement which paved the […]
Czech Rep. receives EIB funding for railway projects
Czech Ministry of Finance and the European Investment Bank signed a loan agreement of up to CZK 3 billion (EUR […]