Russian Railways approved USD 70.4 billion for HSR projects
The management Board of Russian Railways has approved the updated programme of the high-speed railway by 2030, which, according to […]
Asia Leads
Rail test for Haramain project is successful
Test runs have proved that there is no need to change the present track of Haramain high speed railway that […]
Kuala Lumpur MRT Line 2 consultancy contract awarded
Malaysian Mass Rapid Transit Corporation awarded Turner & Townsend to provide quantitative cost risk assessment services for a new 52.2 […]
15% of Uzbekistan Railways to be sold
Uzbekistan Railways put for sale at least 15% stakes in joint stock companies to Uzbekistan Stock Exchange. Uzbekistan Railways said […]
Alstom to replace track circuits of five MTR lines and Airport Express
Alstom has been awarded a contract worth EUR 28 million by MTR Corporation to replace the track circuits of five […]
China to provide Iran a USD 3 billion loan for a railway project
State-owned China National Transportation Equipment & Engineering (CTC) is ready to finalize a USD 3 billion agreement for a railway […]
Bulgaria and Iran to develop a new transport corridor from Black Sea to Persian Gulf
During a meeting with Iranian Minister of Roads and Urban Development Abbas Akhoundi, Bulgarian Minister of Transport Ivaylo Moskovski said […]
JICA provides loan for India’s infrastructure projects
On March 11th, the Japan International Cooperation Agency (JICA) signed a loan agreement with India Infrastructure Finance Company Limited (IIFCL) […]
ADB signs USD 1 billion cofinancing agreement with Eurasian Development Bank
The Asian Development Bank (ADB) has signed a USD 1 billion framework agreement with the Eurasian Development Bank (EDB) to […]
Federal Freight Company to purchase 4000 wagons
Russia’s Federal Freight Company, FGK, is considering leasing freight cars from Transgarant, Brunswick, GTLK and might acquire 4,000 new cars, […]