The Sotetsu Group has announced plans to invest JPY17 billion in railway and JPY600 million in bus transportation in 2022. The Sagami Railway Company Limited will invest in the installation of platfo... This content is available...
Read MoreThe Government of Victoria has announced an AUD265 million investment in the regional rail network in its 2022–-23 budget. The budget includes plans to procure 12 locally built VLocity trains from Als... This content is...
Read MoreChina’s Ministry of Finance has issued a notice for allocation of rural passenger transport subsidy funds and urban transport development incentive funds in 2022. Of the total CNY24.18 billion, CNY10.... This content is...
Read MoreThe Noida Metro Rail Corporation (NMRC) has sanctioned a budget of INR2.88 billion for the fiscal year (FY) 2022–23. The budget includes an allocation for the tender and operational cost of smaller pr... This content is...
Read MoreThe Ministry of Housing and Urban Affairs has announced an increase of INR42.90 billion for Namma Metro Phase II. Bangalore Metro Rail Corporation Limited (BMRCL) had initially estimated the cost of t... This content is...
Read MoreNational Capital Region Transport Corporation (NCRTC) has appointed Paytm Payments Bank Limited as the financial institution for the Delhi–Meerut Regional Rapid Transit System’s (RRTS’s) automated far... This content is...
Read MoreThe Delhi Development Authority (DDA) has released INR1.30 billion for the Rithala–Narela corridor, which is being developed by Delhi Metro Rail Corporation (DMRC). DDA has committed INR10 billion for... This content is...
Read MoreThe Government of Australia has allocated AUD2.7 billion to rail projects in the state of Queensland under the 2022–2023 Federal Budget. A total of AUD1.6 billion has been allocated to the Brisbane t... This content is available...
Read MoreThe Government of India has signed a loan agreement with the Japan International Cooperation Agency (JICA). The Japanese Official Development Assistance (ODA) loan will provide INR47.10 billion for th... This content is...
Read MoreThe Vietnam Railways Corporation (VNR) has asked the Ministry of Transport (MOT) to allocate a total of VND4.76 trillion to repair and upgrade weak bridges and tunnels to increase the capacity of trai... This content is...
Read MoreThe Federal Government, Queensland Government, and the South East Queensland (SEQ) Council of Mayors have signed the AUD1.8 billion South East Queensland (SEQ) City Deal. The package is supported by ... This content is available...
Read MoreQingyuan Maglev Company has signed the “Qingyuan Maglev Tourism Special Line Project from Yinzhan Station to Chimelong Theme Park Section” Project Renminbi Syndicated Loan contract with the syndicate ... This content is...
Read MoreAustralia-based Kinetic has acquired New Zealand-based NZ Bus Limited. With the acquisition, Kinetic has become the largest operator of battery electric buses in the Australasia region. Under Kinetic... This content is available...
Read MoreThe Children of Armenia Fund (COAF) and the Embassy of Japan in Armenia have signed a grant agreement for the “Project for Provision of Public Bus in Lori Province” to support the introduction of more... This content is...
Read MoreThe Mumbai Metropolitan Region Development Authority (MMRDA) has approved a budget outlay of INR184,046 million for 2022–2023. The MMRDA estimates an expenditure of INR184,046 million during 2022–202... This content is available...
Read MoreThe Government of India has allocated INR2.45 trillion (USD32.7 billion) for capital investment in rail projects in its national budget for 2022.
Read MoreMTR Corporation has announced that it has acquired 2.78 million shares of Octopus Holdings Limited (OHL) from New World First Bus and Citybus, subsidiaries of Bravo Transport Services Limited.
Read MoreVietnam’s Ministry of Transport has approved the proposal to spend VND3 trillion (USD129.31 million) on railway maintenance in 2022.
Read MoreThe Power Finance Corporation (PFC) has announced plans to finance the deployment of 350 electric buses in Uttar Pradesh at an investment of INR2.75 billion.
Read MoreThe Government of Vietnam has announced plans to execute multiple metro projects in Ho Chi Minh City (HCMC) through USD8 billion in foriegn investments.
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