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, […]
Financial
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 […]
Slovenske Zeleznice seeks capital increase
Slovenian railway company Slovenske Zeleznice plans to raise its capital to 205.3 million euros through recapitalisation carried out by the […]
Australia approves funding for Advanced Train Management System project
Australian Government approved a first instalment payment of USD 15.5 million towards the implementation of the USD 65 million Advanced […]
RZD to establish a company with China to build Moscow – Kazan HSR
OAO RZD is to sign an agreement with China on the SPV company establishment in May, the Interfax quotes its […]
USD 800 million is the value for money for Canberra light rail project
The expected cost and benefit of Canberra’s USD 800 million light rail project is “as good as it gets”, according […]
Kazakhstan and Turkey sign contracts worth over USD 800M
Kazakhstan and Turkey have signed contracts on 19 projects, worth over USD800 million overall, Kazakhstan’s Investment and Development Ministry announced. […]
Izmir Metro to launch tender for the development of key performance indicators
The city of Izmir and Izmir Metro intends to engage a consultant to assist the company in developing a set […]
AIIB to have new 7 founding members
Sweden, Israel, South Africa, Azerbaijan, Iceland, Portugal and Poland have been approved as prospective founding members of the Asian Infrastructure […]