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Financial
February 8, 2024
|
Asia
Korea advances Daegu - Gwangju railway despite feasibility concerns
The project moves into the next stage of planning but is controversial.
February 8, 2024
|
Infrastructure
DB commits to infrastructure modernisation plans
Against a background of budget cuts, German Rail (DB) commits to all planned infrastructure expansion and new development projects.
February 7, 2024
|
Metros
Dhaka MRT Line 5 secures $US 4.5bn funding package
Asian Development Bank and Korea will contribute to $US 5.1bn cost of southern section.
February 6, 2024
|
Financial
Belgian state ups stake in struggling Lineas
Belgian sovereign wealth fund SFPIM has increased its ownership of the freight operator to 45%.
February 6, 2024
|
Metros
Brasilia metro operator calls for extra funding
Some finance is already in place for network extensions, including four new stations, but operator seeks further funds for 15 new trains, plus installation of ATO.
February 5, 2024
|
Africa
ADB funds new trains in Mozambique
African Development Bank will lend $US 40m to Mozambique Ports and Railways for new locomotives and rolling stock.
February 2, 2024
|
Financial
Westbahn celebrates best-ever annual results
The Austrian open-access operator’s turnover increased by 35% year-on-year in 2023.
February 1, 2024
|
Financial
India increases funding in interim rail budget for 2024
Funding for Indian Railways has increased to Rs 2.55 trillion for fiscal year 2024-25.
February 1, 2024
|
Europe
ÖBB completes acquisition of Go-Ahead Germany
The deal was cleared by the European Commission (EC) last month.
January 31, 2024
|
Financial
USDOT provides $US 1.6bn for rail infrastructure projects
Infra and Mega grant programmes to fund 12 projects.
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