Helsinki-Tallinn rail tunnel secures $16.8bn funding.(www.railway-technology.com)

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.

Marubeni and DM Consunji secure Manila LRT Line contract 
A consortium of Marubeni and DM Consunji has secured a contract for the Manila LRT Line 2 East Extension Project in the Philippines.

CAF to install remote monitoring system on Northern regional trains 
CAF has received a contract to install a real-time remote monitoring and condition-based maintenance (CBM) system on Northern UK rail trains.

India approves $3.56bn Delhi Metro Phase-IV project 
The Government of India has approved the Rs249.49bn ($3.56bn) Phase-IV project of Delhi Metro.

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