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.
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.
Systra is to undertake preliminary design for Line LRT3 in Kuala Lumpur, the company announced on May 24.
THE World Bank has agreed to provide a $US 500m seed capital loan with a seven-year repayment moratorium to kick-start Indian Railways' (IR) station redevelopment programme
Melbourne’s Monash University is to assist the development of the Jakarta metro under a memorandum of understanding signed by Victoria’s Minister for Training & Skills Steve Herbert in Jakarta on May...
BANGKOK Mass Transit System (BTS) has awarded contracts worth a total of Baht 10.9bn ($US 305m) for two fleets of metro trains. Siemens will supply 22 four-car Inspirosets while CRRC Changchun...
The central government has approved plans for a metro to be built in Varanasi at a cost of Rs123·5bn.
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