LA Metro to secure $1.24bn in federal aid
Metro will utilise the funds to pay off the costs incurred during the ongoing Covid-19 pandemic.
Funding
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Funding
Alabama to introduce $231.6m A-USA Corridor project
The A-USA Corridor project will be executed under a public-private partnership.
EIB to aid purchase of battery-powered regional trains in Germany
Siemens will deliver 31 new Mireo Plus B trains for ten East Brandenburg lines.
India, EIB sign finance pact for Agra Metro Rail project
The 29.4km Agra Metro project will feature two corridors.
Timisoara receives $23m EBRD loan for tram upgrades
The financial aid will be used to improve Timisoara’s tram fleet and restore its T5 tram line.
India reaches loan agreement for Surat Metro Rail Project
The 40.35km Surat Metro project aims to improve transport infrastructure in the region.
EIB STrenitalia in procuring new high-speed trains
Around $622.32m (€550m) has been approved for the complete train renewal project.
Turkey’s Ispartakule-Cerkezkoy Railway Project secures AIIB backing
A new double-track, electrified high-speed rail track will be developed between Ispartakule and Cerkezkoy.