The Government grants aid to Makedonski Zeleznici
Macedonia’s government has decided to extend an additional subsidy of 70 million denars (1.14 million euros) for 2017 to state-owned […]
Financial
Tunisian Railways buys new locomotives
Tunisian National Railway Company (SNCFT) has mobilized 167 million Tunisian dinars (approximately USD 75 million) from a pool of banks […]
Port Authority of New York and New Jersey approves the USD 32 billion capital plan
Port Authority of New York and New Jersey (PANYNJ) approved the agency’s largest ever USD 32.2 billion 2017-2026 Capital Plan. […]
Russian Government to fund RZD through share acquisition
The Russian government will acquire this year a new share issue of RZD for RUB 31.6 billion (USD 529.6 million). […]
Bozankaya receives EBRD loan for Bangkok metro train production
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 10 million loan to Bozankaya, a Turkish producer […]
EIB to finance tram acquisition in Silesia Region
European Investment Bank has under appraisal a project of Tramwaje Śląskie, in Silesia Region, that involves the modernisation of tramway […]
EU inquiry into Budapest-Belgrade high-speed railway project
The European Commission is investigating the planned 350-km high-speed railway between Budapest and Belgrade. The investigation is “assessing the financial […]
Caltrain electrification grant deferred
On February 17, 2017, Caltrain received word from the Federal Transit Administration (FTA) that a decision on whether to execute […]
Mexico to tender new rail line concession in 2017
The Mexican government is planning to launch a tender for the concession of the Chiapas-Mayab rail line in May or […]
Mexico’s private rail sector eyes higher investments in 2017
Mexico’s largest rail operators, Ferromex, Ferrosur and Kansas City Southern de México (KCSM), are set to invest a combined USD […]