The Dhaka Mass Transit Company Limited (DMTCL) has sought additional funding of USD300 million from the Asian Development Bank (ADB) to finance the construction of Dhaka Mass Rapid Transit (MRT) Line ... This content is...
Read MoreMalaysia-based construction company Gamuda Berhad has signed an agreement to acquire Downer EDI’s Australian Transport Projects division. With an enterprise value of AUD212 million along with a foreca... This content is...
Read MoreThe Project Development and Monitoring Facility (PDMF) has approved funding for conducting feasibility studies for two proposed regional rail projects in the Philippines. These are Mindanao Rail Phase... This content is...
Read MoreThe Government of Vietnam has allocated a budget of VND7.4 trillion to upgrade the country’s railway infrastructure in 2023. Of the total amount, around VND3.1 trillion will be used to upgrade the Han... This content is...
Read MoreThe Government of China has announced plans to provide a CNY300 million grants package to upgrade Cambodia’s rail infrastructure. This includes the upgradation of the 382-km-long Phnom Penh–Poipet Rai... This content is...
Read MoreThe European Investment Bank (EIB) has sanctioned a 20-year loan worth EUR150 million for the Pune Metro Rail Project. The sanctioned amount is part of the EUR500 million approved by the EIB for the d... This content is...
Read MoreThe Japan International Cooperation Agency (JICA) has signed an agreement with the Government of the Philippines to provide an official development assistance (ODA) loan worth JPY377 billion for two r... This content is...
Read MoreThe Philippines’ Department of Transportation (DOTr) has completed the overhaul of 72 rail cars of Mass Rapid Transit 3 (MRT 3) three months ahead of schedule. A total of 21 train sets will be deploye... This content is...
Read MoreThe Government of India will now invest INR25.5 billion in the Kolkata Metro Joka–BBD Bagh and Dum Dum Airport–New Garia lines under the Union Budget 2023–24 in comparison to INR16.98 billion in 2022–... This content is...
Read MoreThe Ministry of Transport (MoT), Vietnam has announced plans to develop the Ho Chi Minh City (HCMC)–Can Tho high-speed rail (HSR) line at an estimated investment of USD9 billion. This initial capital ... This content is...
Read MorePassenger service has commenced on the first 6.5-km-long Joka–Taratala section of the Kolkata Metro Joka–Esplanade Purple Line. The line will cover six stations. It was developed at an estimated inves... This content is...
Read MoreThe Government of Indonesia has invested USD205.3 million in state-owned rail operator PT KAI to develop the 142-km-long Jakarta–Bandung high-speed rail (HSR) project. The infusion will partly support... This content is...
Read MoreThe Government of Vietnam has announced plans to invest an additional VND900 billion in the Cat Linh–Ha Dong metro line project in Hanoi. Of the amount, over VND223 billion will be funded domesticall... This content is available...
Read MoreThe State Railway of Thailand (SRT) has announced plans to invest an additional THB300 billion for Phase II of the Thai–Chinese high-speed railway (HSR) project. The proposal for the budget increase w... This content is...
Read MoreChennai Metro Rail Limited (CMRL) has awarded a contract worth INR16.20 billion to a consortium of Hitachi Rail STS SPA and Hitachi Rail STS India Private Limited for the installation of the signallin... This content is...
Read MoreKereta Cepat Indonesia China (KCIC) has announced that it is seeking a USD1.03 billion loan from the China Development Bank (CDB) to cover the cost overrun on the Jakarta-Bandung high-speed rail (HSR)... This content is...
Read MoreThe Asian Development Bank (ADB) has signed a financial package worth USD40 million with GreenCell Express Private Limited (GEPL) to deploy 255 electric buses (e-buses) on 56 intercity routes in India... This content is...
Read MoreThe New South Wales (NSW) Government has announced plans to allocate AUD180 million for the upgradation of the rail infrastructure and signalling system at Central Station in Sydney. The project will ... This content is...
Read MoreThe Government of India has announced plans to invest USD793.5 million (INR65.2 billion) for the development of three rail projects in Haryana. Of this, around USD683.5 million will be invested for th... This content is...
Read MoreThe Asian Development Bank (ADB) has approved a financial package worth USD135 million for VinFast Trading and Production Joint Stock Company (VinFast) to develop the first fully electric bus fleet an... This content is...
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