Deals this week: Administrador de Infraestructuras Ferroviarias (ADIF), Hyundai Rotem, Mitsubishi Electric
Administrador de Infraestructuras Ferroviarias (ADIF) of Spain has signed a technical co-operation agreement with the National Capital Region Transport (NCRTC) and a joint venture (JV) to develop rapid rail transit systems (RRTS) in India’s National Capital region (NCR).
Shanghai subway to deploy Alibaba’s AI technology
Shanghai Shentong Metro Group has signed a collaboration agreement with Alibaba Group and Alipay-operator Ant Financial to improve the passenger experience by deploying artificial intelligence (AI) technology.
ADB approves $400m loan to modernise Azerbaijan’s rail sector
Asian Development Bank (ADB) has approved two loans totalling $400m to strengthen the Azerbaijani railway sector and modernise the Sumgayit-Yalama rail line.
RKH Qitarat wins Qatar metro contract
RKH Qitarat has secured the operations and maintenance contract for the Doha automated metro and Lusail light rail network in Qatar.