Shenzhen Metro Group Co., Ltd. has increased its registered capital to approximately CNY47.23 billion, up from around CNY46.68 billion, reflecting a further strengthening of its capital base. The chan... This content is...
Read MoreSingapore-based electrification company Pyxis has raised SGD13 million in the first close of its SGD18 million growth funding round to support the deployment of electric vessels and related infrastruc... This content is...
Read MoreThe Asian Development Bank (ADB) has approved a USD240 million loan for the expansion of the Chennai Metro Rail network in Chennai, in the state of Tamil Nadu. The financing represents the second tran... This content is...
Read MoreThe Government of India and the Asian Development Bank (ADB) have signed a loan agreement worth USD190.6 million to fund a key segment of the Indore Metro Rail Project in Madhya Pradesh. The loan was ... This content is...
Read MoreNanning Rail Transit Investment Group has raised its registered capital from RMB18.47 billion to RMB19.35 billion, reflecting an increase of about 5 per cent, according to recent business registration... This content is...
Read MoreThe Mindanao Development Authority (MinDA) has identified PHP2.2 trillion in required funding to implement 236 priority projects aimed at accelerating socioeconomic development across Mindanao. The pr... This content is...
Read MoreThe Cabinet of Thailand has approved a proposal from the Ministry of Transport allowing the State Railway of Thailand (SRT) to borrow THB18 billion during fiscal year 2026 to cover operating expenses ... This content is...
Read MoreThe Mumbai Metropolitan Region Development Authority (MMRDA) has awarded Titagarh Rail Systems Ltd (TRSL) a INR24.81 billion contract for the design, manufacture, supply, installation, integration, te... This content is...
Read MoreThe Government of Sweden has granted USD1.3 million through Swedfund International to support the feasibility study of the Subic–Clark–Manila–Batangas (SCMB) Railway, a flagship project under the Luzo... This content is...
Read MoreThe Government of Indonesia has rejected calls to use the state budget to cover mounting debt arising from the USD7.27 billion Jakarta–Bandung high-speed railway (HSR), financed largely by China Devel... This content is...
Read MoreSeoul Metro has secured a KRW3.1 billion consulting contract to modernise the railway signalling system across 20 stations on the Ishurdi–Parbatipur section in western Bangladesh. The project, funded ... This content is...
Read MoreThe European Investment Bank (EIB), through its development arm EIB Global, has approved a EUR289.5 million loan to support the expansion of metro networks in Nagpur and Pune. The package includes a E... This content is...
Read MoreThe Asian Development Bank (ADB) has announced a USD190 million loan for the Indore Metro Rail project to boost urban mobility in Madhya Pradesh. The financing will support the construction of an 8.62... This content is...
Read MoreKorea Railroad Corporation (KORAIL) has signed a KRW38.6 billion contract with Shinsegae Construction to carry out the Gwangju Songjeong Station expansion project, marking the start of full-scale cons... This content is...
Read MoreThe Queensland Government has announced an AUD3.5 million investment to upgrade rail trails in the North Burnett and Southern Downs regions. The funding will cover enhancements to 14 km of trail surf... This content is...
Read MoreThe Japan International Cooperation Agency (JICA) has announced plans to finance additional transport projects in the Philippines, covering railways, roads, and bridges, depending on requests made by ... This content is...
Read MoreThe Maharashtra state cabinet has approved funding support for the INR51 billion Pune–Lonavala suburban railway third and fourth lines project. The project is being implemented by the Mumbai Railway ... This content is...
Read MoreThe Government of Tamil Nadu has approved funding of INR19.64 billion for the Chennai Metro Rail Limited (CMRL) Phase 1 extension between Chennai Airport and the Kalaignar Centenary Bus Terminal in Ki... This content is...
Read MoreGyeongsangnam-do has successfully secured KRW260 billion in the national budget for the construction of the Gimcheon-Geoje Southern Inland Railway. This is part of a larger, 7.9 percent increase in th... This content is...
Read MoreMalaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) has clarified that the new MYR16.8 billion budget ceiling for the LRT Mutiara Line is not an uncontrolled cost increase. Instead, it reflects the ... This content is...
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