JICA to provide $270m loan for Colombo LRT system in Sri Lanka
The Japan International Cooperation Agency (JICA) has signed an agreement to provide a loan of up to JPY30.08bn ($270m) for the construction of a light-rail transit (LRT) system in Colombo, Sri Lanka.
Italy halts Turin-Lyon high-speed rail project tenders
Italy has suspended the tenders for the Turin-Lyon high-speed rail project after differences over the project escalated within the ruling coalition.
Digital interlocking signalling system goes live in Egyptian station
The Alstom-delivered computer-based interlocking signalling system Smartlock 400 has started commercial operations at Maghagha’s main railway station in Egypt.
Helsinki-Tallinn rail tunnel secures $16.8bn funding
The proposed undersea Helsinki-Tallinn rail tunnel, that will connect the capitals of Finland and Estonia, has secured €15bn ($16.8bn) funding from China’s Touchstone Capital Partners.