EBRD provides $148.2m loan to support Izmir’s new metro line
The new metro line is expected to almost halve the area’s greenhouse gas emissions from current levels.
Funding
UK announces funding package for light rail operators
Operators benefiting from the funding include Manchester Metrolink and West Midlands Metro.
Northeast Corridor Commission releases 15-year rail development plan
The C35 plan covers nearly 150 projects and capital renewal activities along the corridor in...
Next stop, hydrogen? The future of train fuels
Climate change and emissions reduction are topics high on the agenda for the rail industry....
The Williams-Shapps Plan: looking into the future
The UK railway industry is preparing to undergo changes laid out by of The Williams-Shapps...
HS2 costs surge by £1.7bn during pandemic stoking controversy further
Reduced productivity and delays caused by Covid have increased both the HS2 budget and the controversy surrounding it.
US reinstates $929m of funding for California high-speed rail project
CHSRA is working on designs, plans, construction, and operations of the rail system.
Ireland announces $225.49m investment for Cork rail upgrade
The funding will make way for the construction of long-mooted stations at Tivoli, Blackpool, and Blarney.
Transpennine Route Upgrade: Reactions from the industry
Announced yesterday, the UK Transpennine Route will see an investment of £317m to upgrade the railway system in Northern England, with investments in new stations and increased freight capacity. We look at the plan –...
New Zealand announces $935m for revitalisation of rail industry
Nearly $935m has been set aside by the New Zealand Government to carry out rail development projects.
Eurostar obtains refinancing package to manage Covid-19 impact
Eurostar secures a $353.92m refinancing package from its shareholders and banks.
