IFC grants loan for Gabon rail network
The International Finance Corporation (IFC) is providing EUR 52.5 million to boost the capacity and improve the efficiency of Gabon’s […]
Financial
Metro de Quito to sign agreement for train acquisition
Metro de Quito had announced it will sign on July 15 the credit agreement with Spanish Instituto de Crédito Oficial […]
Russia approves credit for Iran
The Russian government has approved an export credit to Iran for construction of a thermal power station and electrification of […]
Poland receives EU funds for railway infrastructure
Under the European Structural and Investment railway infrastructure, the European Commission has approved EUR 475 million for Poland’s railway infrastructure […]
Keolis to receive additional payments from MBTA
Keolis Commuter Services, which has incurred heavy financial losses since taking over operation of the state’s commuter rail system, would […]
Operation Lifesaver funds new safety campaigns
Operation Lifesaver, Inc. (OLI), in partnership with the Federal Highway Administration (FHWA), announced USD 175,000 in grants to 11 State […]
EC approves EUR 6.7 bn for transport projects
The EU member states formally approved the list of 195 transport projects that will receive EUR 6.7 billion of EU […]
Bulgaria waits for EU to approve State Aid for the railways
Bulgaria expects that EU Commission will allow by September state aid to the debt-ridden national railway carrier, BDZ, Transport Minister […]
Philippines: San Miguel acquires Universal LRT
The San Miguel conglomerate has purchased the remaining 49% equity interest in Universal LRT and a 100% stake in ULCOM, […]
Korea seeks private investors for rail development
The South Korean government wants to attract private companies to participate and bid for local railway projects beyond the Seoul […]