Denmark approves the construction of Fehmarn Belt fixed link
The Danish Parliament approved the Construction Act for Fehmarn Belt fixed link for the Danish section. With this approval, the […]
Financial
Canadian National earmarks C$500 million for the Western region
Canadian National Railway Company (CN) has embarked on a C$500 million multi-year capital investment program for infrastructure improvements to its […]
Indian Railways to launch train acquisition tender
Indian Railways (IR) announced that intends to launch a tender for the acquisition of a fleet of fixed-formation 200km/h trains […]
Russia and Cuba to establish joint transportation and logistics company
“UVZ-Logistic” and “El Grupo Empresarial de la Industria Sidero-Mecánica” (GESIME), a Cuban ferrous metallurgy and machine-building group signed an agreement […]
Vietnam: green light for private investment in railway projects
Vietnam Railways Corporation (VRC) put forward a proposal to allow private investors to build logistic facilities and offer associated services […]
PKP PLK to invest EUR 12.5 billion for rail projects
In 2016-2023, Poland’s railway infrastructure manager PKP PLK will launch railway projects worth more than PLN 50 billion (EUR 12.5 […]
EUR 15 bn from ERDF for sustainable urban development
”At least 50% of the ERDF resources for the period (2014-2020) will be invested in urban areas. This could increase […]
Kyrgyzstan expected to join EEU in May
Signing of documents on entry of Kyrgyzstan into the Eurasian Economic Union (EEU) is expected to be held this May, […]
China to invest USD 5.9 billion in rail projects in Pakistan
During Chinese president Xi Jinping visit is set to sign various agreements with Pakistan officials for road construction, railroad building, […]
National Wealth Fund to provide USD 556 million for RZD’s loco acquisition program
RZD received 30 billion (USD 555.8 million) from the National Wealth Fund to finance locomotive acquisitions in 2015, Russian Rail […]