MTA 2021 budget needs “desperately” federal aid
New York Metropolitan Transportation Authority (MTA) has adopted the 2021 budget and the and 2021-2024 financial plan. The authority’s spending […]
Financial
Transnet activities impacted by pandemic
Transnet has been impacted by the phased lockdowns necessitated by the Covid-19 pandemic. Lower demand in rail transport, container and […]
Financing agreement for CD train acquisition signed
The European Investment Bank and the representatives of the South Moravian region Jihomoravsky kraj of the Czech Republic signed a […]
ADB loan for Bangalore metro project
The Asian Development Bank (ADB) has approved a USD 500 million loan for the Bangalore metro rail project. “The project […]
Two INEA grant agreements signed for Rail Baltica
The Innovation and Networks Executive Agency, INEA and RB Rail signed two additional cross-border Grant Agreements on the CEF funding […]
PKP PLK – the largest CEF Transport beneficiary
PKP Polskie Linie Kolejowe, PKP PLK, the railway infrastructure manger of Poland, obtained EUR 3.6 billion CEF Transport co-financing to […]
Funds provided for Phoenix LRT extension
The U.S. Department of Transportation provided a USD 638 million grant for the construction of Phoenix South Central LRT implemented […]
CTA approves the 2021 budget that needs federal funding support
The Chicago Transit Board has approved a USD 1.64 billion operating budget that is dependent on new federal funding to […]
Poland selects the rail projects under Kolej Plus programme
Polish PKP Railway Lines has selected the projects under the second phase of Kolej Plus programme. The submitted projects have […]
Financing agreement signed for Warsaw metro acquisition
Metro Warszawskie, the European Bank for Reconstruction and Development and the ING bank signed a PLN 392.5 million (EUR 87.2 […]