WB and Indian Railways to establish an infrastructure Fund
The World Bank and the Indian Railways would work together to create a Railway Development Fund that will partly finance […]
Financial
California HSR Authority enters into station-area planning agreement
The California High-Speed Rail Authority entered into a station-area funding agreement with the City of Burbank to begin the planning […]
Dubai: RTA is seeking USD 2 billion for metro line extension
Dubai’s Road and Transport Authority (RTA) is seeking USD 2 billion for the financing of 15 km metro line extension […]
Alstom is entirely refocused on rail transport
Over the third quarter 2015/16 (from 1 October to 31 December 2015), Alstom booked a strong EUR 2.4 billion of […]
Helsinki – Tallinn railway tunnel MoU signed
On January 5, 2016, the City of Helsinki, the City of Tallinn, Finnish Ministry of Transport and the Estonian Ministry […]
BTK to attract new investments in Turkey
The Baku-Tbilisi-Kars (BTK) railway will attract new investments in Turkey after commissioning, Kenan Yavuz, the head of SOCAR Turkey Enerji, […]
Turkey to join Asian Infrastructure Investment Bank
Turkish President Recep Tayyip Erdogan has approved the country’s joining the founders of the Asia Infrastructure Investment Bank (AIIB) led […]
Transport sector is a priority for Azerbaijan
The development of the transport sector will be on the focus of the Azerbaijani government as a priority in 2016. […]
Cosco the only bidder for a majority stake in Piraeus Port
The Hellenic Republic Asset Development Fund (HRADF) announced that only Cosco Group submitted the offer for the acquisition of a […]
EIB lends EUR 300 mil to FS for rolling stock acquisition
European Investment Bank (EIB) and Italian state railway company Ferrovie dello Stato (FS) signed a EUR 300 million financing agreement, […]