Australia’s Govt to provide USD 3.75 billion for public transport projects
Under the latest version of the 2016 budget, the Australian Government will provide AUD 5 billion (USD 3.75 billion) for […]
Financial
China provides USD 6 billion for Moscow-Kazan HSR
China has agreed to provide a RUB 400 billion (USD 6 billion) for the Moscow-Kazan high speed rail project, Russian […]
EU funding for Prague railway project
The European Commission has adopted a major project worth EUR 46.6 million from the Cohesion Fund in order to improve […]
Georgia joins Horizon 2020
On April 29, Georgia and European Commission signed the agreement associating Georgia to Horizon 2020. Georgia will now be able […]
EUR 368 million for Sofia’s Metro Line 3
Under the European Regional Development Fund, Sofia’s metro will receive a EUR 368 million financing for the extension of the […]
Federal funding needed for Krasnoyarsk Metro
The metro construction project in Krasnoyarsk is to cost 60-70 billion RUB (0.92-1,08 billion USD), according to Krasnoyarsk Krai Governor […]
Panama and Japan sign financing Metro Line 3 agreement
Panama Government and Government of Japan signed a USD 2.6 billion agreement to fund the construction of Line 3 of […]
EBRD exits capital of TransContainer
The European Bank for Reconstruction and Development (EBRD) has sold its 9.24% stake in the Russian intermodal freight operator TransContainer […]
USD 16 billion overrun in India’s rail projects delays
India registered delays in completing the railway projects that resulted in cost overrun of Rs1.07 lakh crore (USD 16.4 billion), […]