China to provide Iran a USD 3 billion loan for a railway project
State-owned China National Transportation Equipment & Engineering (CTC) is ready to finalize a USD 3 billion agreement for a railway […]
Financial
Warsaw extends tramway network
European Investment Bank may finance the construction of new tramway lines in the city of Warsaw and purchase of tramway […]
ADB signs USD 1 billion cofinancing agreement with Eurasian Development Bank
The Asian Development Bank (ADB) has signed a USD 1 billion framework agreement with the Eurasian Development Bank (EDB) to […]
70% of all EU transport financing goes to rail
‘The EU has targeted and coordinated infrastructure cross-border planning programmes. The largest of such programmes is the TEN-T or Trans-European […]
Rail Baltica and rail electrification – Lithuania’s most important projects
During the EU Financial Period 2014-2020, Rail Baltica and the electrification of lines part of IXB international corridor will be […]
Rotterdam makes major rail investment
Rotterdam Port has unveiled a EUR 275 million (USD 302 million) project to reroute 2.5 miles (4 kilometers) of rail […]
Maryland: Preferred bidder chosen for Purple Line project
The Purple Line Transit Partners consortium has been selected by the Maryland Department of Transportation (MDOT) as preferred bidder for […]
World Bank asked to create railway fund for India
The World Bank has been approached to explore the possibility of setting up a Railway Infrastructure Development Fund, Railway Minister […]
Profit increase for LDz Cargo
Latvian rail freight carrier LDz Cargo, a subsidiary of Latvijas Dzelcels, earned a profit of EUR 2.87 million in 2015, […]
Greece: EU could claim return of rail subsidies
The Greek Railways could be forced to return state subsidies of over 5 billion euros and several millions in European […]