CITIC to invest USD 113 billion in ‘One Belt, One Road’ initiative
China International Trust and Investment Corporation (CITIC) announced that will invest CNY700 billion (USD 112.79 billion) to support China’s new […]
Financial
China proposes India-Nepal-China railway link
China has proposed a trilateral economic corridor with India through Nepal and a railway line linking the three nations via […]
Rhenus Group acquires shares in LTE
Rhenus Group acquired of 50 percent of the shares in LTE Logistik- und Transport GmbH. The agreement between Rhenus and […]
India: World Bank approves USD 650 mln for Eastern Freight Corridor
The World Bank Board approved USD 650 million towards the third loan for the Indias’s Eastern Dedicated Freight Corridor (EDFC) […]
Russia to direct USD 144 million for Moscow – Kazan HSR
Russian Ministries of Transport and Finance were directed to provide RUR 8 billion (USD 144.5 million) in 2016 for the […]
EUR 25.5 million for railway project in Italy
The European Commission adopted the major project “Collegamento ferroviario dell’Aerostazione di Bari-Palese con l’area metropolitana di Bari”, worth approximately EUR […]
EU funds for the modernisation of Púchov – Žilina railway line in Slovakia
The European Commission approved three major projects, for a total of EUR 170 million from EU funds, for the modernisation […]
SŽDC to modernize other 3 rail sections under EU funds
Czech Railway Infrastructure Administration SZDC will modernize 3 railway lines that are proposed for co-financing by the European Union under […]