UAE finances Morocco’s Tangier – Kenitra HSR
Abu Dhabi Fund for Development (ADFD) signed a USD 40 million concessionary loan agreement with the Morocco’s national railway operator, […]
Financial
China’s EXIM Bank commits USD 1 billion for rail projects in Nigeria
The China EXIM Bank will grant Nigeria USD 1 billion loan for railway projects across Nigeria, Nigeria’s Minister of Industry, […]
Chicago approves USD 1.5 billion budget
The Chicago Transit Board today approved a USD 1.524 billion operating budget that holds the line on fares and preserves […]
INEA finances Bulgarian rail project
The Innovation and Networks Executive Agency (INEA) awarded Bulgaria a EUR 151 million finance for the modernisation of Kostenets–Septemvri section […]
French funding agency to finance Kochi metro extension
Agence Francaise de Developpement (AFD) agreed to provide a EUR 175 million loan for Kochi Metro rail’s extension project. According […]
Serbia and France to partner for Belgrade metro construction
Serbia presented this week a project for the construction of Belgrade Metro before representatives of French groups Alstom and Egis. […]
ADB considers loan for the North-South rail corridor
The state-owned rail transport operator Azerbaijan Railways and the Asian Development Bank (ADB) discussed the implementation of projects on the […]
EU to finance TRACECA’s transport projects
The European Commission has so far allocated more than EUR 187 million for the implementation of different projects within the […]
Helsinki: 30 per cent of total 2017 budget for the public transport development
Under the Helsinki’s 2017 budget proposal approved by the City Board, 30 per cent of the total investment expenses will […]
UK: plans to facilitate rail compensation claiming
The UK Department for Transport (DfT) published its response following the Office of Rail and Road’s (ORR) investigation of the […]