New York announces USD 25 million in rail infrastructure projects
New York Governor Andrew Cuomo announced USD 25 million to fund rail and port improvement projects across the state. The […]
Financial
Romania: Green light to continue financing the rehabilitation of Coşlariu – Simeria and Sighisoara – Coşlariu rail sections
The European Commission communicated the decisions to continue financing, in the current programing period (phase II), two rail infrastructure rehabilitation […]
Serbia to receive EU funds to elaborate documentation for priority projects
EUR 12 million from European Union are available for Serbia by mid-2017 that will support the preparation of documentation for […]
Poland: Mazowieckie Railways to purchase 71 EMUs
European Investment Bank has under appraisal two projects of Mazowieckie Railways, Poland. The projects involve the purchase of 71 EMUs […]
Nigerian Government approves Kano-Kaduna rail project
The Federal Government has approved USD 1.2 billion for the construction of the Kano-Kaduna standard gauge railway project. According to […]
Ontario launches a new funding tool for transport projects
Ontario’s Premier Kathleen Wynne and Transport Minister Steven Del Duca announced a new funding instrument for transport projects across the […]
Morocco boosts rail investments funds for 2017
The Board of Directors of the National Office of Railways in Morocco (ONCF) met under the presidency of Mohamed Boussaid, […]
China’s Exim Bank to fund Uganda SGR first phase
Uganda is negociating with Exim Bank of China to fund the first phase of Standard Gauge Railway project, that involves […]
ADB to review loan for North-South rail corridor
The Asian Development Bank (ADB) has postponed the allocation of a USD 200 million loan for the North-South Transport Corridor […]
Transmashholding records benefits of Production System deployment
Transmashholding (TMH) has estimated the effect of Production System (TPSys) deployment in 2016 and reached the conclusion that the measure […]