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South Asia March 08, 2017

India seeks NRI funds from UAE to fuel railway expansion

Indian railways has been in discussion with the World Bank and pension funds to meet the huge investment needs estimated at $140 billion over five years.

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South Asia October 04, 2016

$1.5 Billion ADB Rail Project will Develop Southeast Bangladesh

The Asian Development Bank (ADB) will provide $1.5 billion to Bangladesh to build a dual-gauge railway line that will bring key trade and tourism to the southernmost parts of Bangladesh.

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South Asia June 01, 2016

Kuala Lumpur LRT3 preliminary designer chosen

Systra is to undertake preliminary design for Line LRT3 in Kuala Lumpur, the company announced on May 24.

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South Asia May 30, 2016

World Bank to finance Indian station upgrades

THE World Bank has agreed to provide a $US 500m seed capital loan with a seven-year repayment moratorium to kick-start Indian Railways' (IR) station redevelopment programme

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South Asia May 27, 2016

Australian assistance for Jakarta metro

Melbourne’s Monash University is to assist the development of the Jakarta metro under a memorandum of understanding signed by Victoria’s Minister for Training & Skills Steve Herbert in Jakarta on May...

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South Asia May 24, 2016

Bangkok orders two metro train fleets

BANGKOK Mass Transit System (BTS) has awarded contracts worth a total of Baht 10.9bn ($US 305m) for two fleets of metro trains. Siemens will supply 22 four-car Inspirosets while CRRC Changchun...

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South Asia May 24, 2016

Varanasi metro approved

The central government has approved plans for a metro to be built in Varanasi at a cost of Rs123·5bn.


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