US Congress to review grant for Valley Metro’s NWE II project
The entire cost of NWE II project stands at $401m, which also includes Capital Investment Grant of $158m.
Funding
Queensland announces investment to support train manufacturing
The Australian state also plans to build and run 65 new trains in a $178.96m...
Consultant appointed for one section of Phase II of Chennai Metro
The $8.36bn Phase II of India’s Chennai Metro project will have a total length of...
Calea Ferată din Moldova receives $27.18m loan from EBRD
The financing will help the rail operator to undertake an infrastructure upgrade.
China’s underwater train: Pipe dream or reality?
At present China has one of the most expansive high-speed rail networks on earth and...
Sound Transit to receive $3.84bn in TIFIA loans from USDOT
TIFIA loans will be used for supporting the Downtown Redmond Link Extension.
Plans revealed for £2bn of investment in West Midlands transport
Under the project, the original Birmingham to Wolverhampton track will be modernised.
AB Transitio and EIB sign loan agreement for new regional trains
The loan amount will be used for purchasing 12 new double-decker electric multiple units.
Serbia to invest $7.7bn to modernise rail infrastructure
The investment will be used to rehabilitate around 1,000km of railway lines in the country.
Stadler Rail secures tram contract from Canton of Sarajevo
The EIB has provided nearly $1.9bn in the modernisation of transport infrastructure in Bosnia and Herzegovina.
Gateway Program partners submit financial plan for Hudson Tunnel Project
Major construction on the new two-track rail tunnel is planned to begin in August 2023.
