Financial
India to invest USD 130 billion for railway modernization
India’s authorities announced that will spend £88bn (USD 130 billion) to modernise its crumbling railways, Theguardian reports. The railways minister, […]
UK: green light for HS3 rail link
George Osborne, the Chancellor of the Exchequer, UK, is to give green light to High Speed 3 (HS3), the railway […]
EUR 1 million to support the development of better transport connections near Bucharest
The EU will co-finance with almost EUR 1 million studies on the development of better freight and passenger transport connections […]
UK: EUR 8.3 million rail innovation competition open for bids
A government-sponsored competition to encourage innovation in the rail industry opened on 17 March 2015. Rail Minister Claire Perry launched […]
Kazakhstan Railways to join ‘People’s IPO’ in 2016
Kazakhstan-based company, Samruk-Energo, plans to join the People’s Initial Public Offerings (People’s IPO) program before late 2015, according to the […]
EIB provides funds for electrification of the Latvian railway and Riga’s tram infrastructure
The European Investment Bank (EIB) and the Latvian Ministry of Finance have agreed to establish a new EUR 200m loan […]
