Funding reduction for California transport projects
California Transportation Commission (CTC) has adopted a five-year state transportation funding plan that cuts USD 754 million and delays another […]
Financial
Bulgaria to repay debt of BDZ using Sofia Airport concession fee
The Government plans to seek an upfront payment of a concession fee from the winner of the concession in order […]
Hungary approves EUR 3.92 billion for rail projects
Based on the National Transport and Infrastructure Development Strategy, the Integrated Transport-Development Operational Programme (ITOP)in Hungary has been set up […]
Commission clarifies scope of EU State aid rules to facilitate public investment
The Commission has published guidance on when public spending falls within, and outside, the scope of EU State aid control. […]
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 […]
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 […]