Category: Asia Pacific Finance

The Maharashtra state government has decided to drop the public–private partnership (PPP) model for Mumbai Metro Line 14 and will instead execute the project using public funding. The decision follows... This content is...

The Light Rail Transit Authority (LRTA) is seeking approval for a PHP3 billion loan from the Land Bank of the Philippines to settle its remaining obligations to Light Rail Manila Corp. (LRMC), the pri... This content is...

The Seoul Metropolitan Government will invest KRW5.2 trillion in railway infrastructure in the Gangbuk area as part of its broader urban development programme, with a focus on closing network gaps and... This content is...

The Government of Indonesia has confirmed that it will use public funds to repay debt owed to China for the Jakarta–Bandung high-speed railway project, following a weaker-than-expected financial perfo... This content is...

The New Zealand Transport Agency Waka Kotahi and Auckland Council have confirmed NZD101 million in funding to complete the final section of Auckland’s Eastern Busway, enabling the corridor to operate ... This content is...

Incheon Metropolitan City has secured final approval from the Ministry of Land, Infrastructure and Transport for its Second Incheon Urban Railroad Network Construction Plan, covering seven new routes ... This content is...

The Seoul Metropolitan Government has confirmed that the Wirye–Sinsa Line will be converted from a privately funded scheme to a publicly financed project following final approval of the revised Second... This content is...

Singapore-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...

Nanning 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...

The 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...

The 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...

The 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...