EBRD finances Tunis’ urban rail fleet modernisation
The European for Reconstruction and Development will provide Societe des Transports de Tunis (TRANSTU) a EUR 100 million loan for […]
Financial
Azerbaijan agreed to fund Iran’s Rasht-Astara rail section
Iran Railways’ deputy for planning and investment Nourollah Beiranvand said that Azerbaijan agreed to allocate funds for Rasht-Astara railway project […]
EIB to support two railway projects in Slovenia
The European Investment Bank has under appraisal two railway projects in Slovenia, with a total value of EUR 308 million, […]
US: SMART passengers to benefit from subsidies for Lyft services
Under a six-month, USD 70,000 pilot program approved by the Transportation Authority of Marin (TAM), rail passengers of Sonoma-Marin Area […]
RZD may finance rail plans through public offering of shares
RZD is considering financing options for its 2025 development program, including a public offering of preferred shares, CEO Oleg Belozyorov […]
Nigeria: rail projects delays caused by stalled financing
The Nigeria Railway Corporation (NRC) attributed the delay in completion of the Calabar-Port Harcourt, Kaduna-Kano rail projects to the non-payment […]
EIB to support Latvia’s EMUs procurement
The European Investment Bank has under appraisal the rolling stock acquisition project launched by Latvia’s rail passenger operator, Pasažieru vilciens. […]
ADB to support Bangladesh Railway improvement plans
The Asian Development Bank (ADB) has agreed to support Bangladesh Railway’s upgrade plans by providing 27.40 billion Taka (EUR 280 […]
USD 1 billion for Western Australia’s Metronet
The Western Australian government has allocated, under the 2017-2018 budget, AUD 1.34 billion (USD 1 billion) over the next four […]
Midland Metro extension receives government financing
UK Department for Transport announced that EUR 64.89 million will be allotted to the tram extension linking Birmingham city centre […]