February 9, 2017
The European Investment Bank (EIB) has granted in-principle approval to provide a 20-year loan of INR370 billion to Bangalore Metro Rail Corporation Limited (BMRCL) for Phase II of the Bangalore Metro system, also known as Namma Metro.
January 13, 2017
The Department of Transportation (DOTr) in the Philippines has announced plans to start the construction of the North-South Commuter Railway (NSCR) project by the fourth quarter of 2017.
December 23, 2016
ComfortDelGro Corporation has reached an agreement to buy out the 49 per cent stake it does not own in its Australian venture, ComfortDelGro Cabcharge Pty Ltd (CDC) for USD194.7 million.
November 18, 2016
France-based Agence Française de Développement (AFD) has sanctioned a loan of INR9.7 billion to Nagpur Metro Railway Corporation Company Limited (NMRCL) for funding signalling, telecommunication systems, automatic fare collection as well as elevators and escalators of the Nagpur Metro project.