Metra applies for Rail Safety Technology grant for PTC
Metra has applied for a federal grant to help the railroad fund a USD 3.7 million disaster recovery system for […]
Financial
California: HSR grant agreement revised
California High-Speed Rail Authority and the Federal Railroad Administration (FRA) updated the existing 2010 ARRA grant agreement for the high-speed […]
China to invest USD 550 billion in railway projects
China’s National Development and Reform Commission and the Ministry of Transport have launched a three-year action plan that envisages the […]
Brazil TCU stops federal funding for Transnordestina railway project
The Federal Court of Accounts (TCU) of Brazil prohibited new transfers of public funding to the Transnordestina railway project, which […]
Western Sydney Airport rail link secures funds
The Australian Government has committed USD 115 million to fund planning and preparation work for the Western Sydney Airport project […]
No interest expressed for Bulgaria’s BDZ Cargo
“There is no interest in the purchase of the BDZ Cargo,” Bulgarian Minister of Transport, Information Technologies and Communications Ivaylo […]
Seven expressions of interest for Tata Steel’s UK business
The Board of Tata Steel Europe has announced that seven expressions of interest submitted for Tata Steel’s UK business have […]
EBRD to cooperate with Asian Infrastructure Investment Bank
The European Bank for Reconstruction and Development (EBRD) and Asian Infrastructure Investment Bank (AIIB) have agreed to deepen cooperation between […]
EBRD provides funds for Cairo’s Heliopolis tram
Under a MoU signed with the Ministry of International Cooperation (MOIC) of Egypt, EBRD will provide a loan for the […]
USD 211 million for Caltrain electrification project
The Caltrain Board of Directors adopted an agreement that invests an additional USD 211 million in the Caltrain Modernization Program. […]