Argentina to nationalize railways
President Cristina Fernández de Kirchner announced that the Executive Power will sponsor a bill to nationalize the country’s railways. “I […]
Infrastructure
India: Kerala’s important rail projects are stagnating
Important rail projects sanctioned to address Kerala’s underdeveloped railway sector have failed to take off years after they were announced […]
Turkey to build new rail tunnel under the Bosphorus strait
Prime Minister Ahmet Davutoğlu has announced an estimated $3.5 billion mega-project for a three-level sub-sea tunnel under Bosphorus Strait, which […]
Government cancels Helsinki City Rail Loop
A large majority of the Finnish Goverment on February 24 rejected a major new rail network planned for the capital. […]
Cairo signs contract for 5 stations of the third metro line
Egypt’s National Authority for Tunnels signed on February 25 a contract with the French company VINCI Bouygues Travaux Public, as […]
UIC: IFIs will grant 40% of transport funds to railways
“Worldwide, there is a series of railway infrastructure projects underway, while others are due to be initiated over the next […]
Romania: CFR SA prepares the rehabilitation of 629 km of railways
“We want to access European funds, more specifically CEF funds and in order to do this CFR SA is preparing […]
EIB: Romania faces challenges in financing the railway infrastructure
“The financing of projects is confronted with the investment climate and the regulatory framework, financing conditions and project management. Financing […]