The EIB agreement will see up to €1.5 million in grant finance support the redevelopment of 118km of line between Tanta and Damietta.
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The funding contract will help XRAIL to deliver its maintenance requirements for its Saudi Arabia’s Haramain High Speed Railway contract.
Philippe Citroën, Director General of UNIFE (the Association of the European Rail Industry), writes that there are several factors the rail industry must focus on during 2020 to prove the value of rail transport and its potential to support a sustainable, interoperable, digital and integrated mobility system.
The investments are expected to create over a thousand jobs and generate more than 62,300 carloads of new rail traffic for Norfolk Southern annually.
£500 million has been pledged by the government to put historic rail lines back into operation, improving connectivity for communities across the country.
Sir John Peace has written to Britain's Prime Minister Boris Johnson, warning him that any delay or downgrade of High Speed Two (HS2) would be a betrayal of the Midlands and the North, and urging him to publish the Oakervee review in full as soon as possible.
The LuFV III programme will modernise and renew the infrastructure of the current rail network in Germany, including tracks, stations and signalling.
FOAK 2020 will search for participants to develop cutting-edge technology that can help make UK rail journeys faster, cleaner and greener.
The 40 new trains will be used across all six lines on the Naples network, aiming to reduce traffic congestion and pollution.
Following in-depth analysis of the franchise, it has been announced that Abellio's contract will end early, in March 2022.
The new programme will support economic activity and improve the safety, capacity and reliability of the freight transportation sector.
First Trenitalia has awarded British-based train manufacturer Hitachi Rail a contract worth more than £350 million to provide and maintain 23 new InterCity trains for Avanti West Coast services.
The station along the Rail Baltica line will be the first high-speed rail and air traffic connection hub in the Baltic States.
The U.S. Department of Transportation’s Federal Railroad Administration (FRA) have announced the availability of $24 million in grant funding to initiate, restore, or enhance intercity passenger rail service for the country.