Tag Archives: rail infrastructure

New Milestone for New York’s Rail Infrastructure: Webuild’s Lane Secures $466 Million Contract for Palisades Tunnels Project

(IN BRIEF) Lane, the U.S. subsidiary of the Webuild Group, has secured a $466 million contract to construct two twin tunnels in New Jersey as part of the Hudson River Tunnel Project. These tunnels, which will enhance New York City’s … Read the full press release

Siemens Mobility to Modernize Berlin U5 and U8 Metro Lines with Advanced CBTC Technology

(IN BRIEF) Siemens Mobility has secured a contract with Berliner Verkehrsbetriebe (BVG) to implement a Communications-Based Train Control (CBTC) system on Berlin’s U5 and U8 metro lines. The Trainguard MT CBTC solution will enable semi-automated operations by 2029 on the … Read the full press release

EIB Global Signs €41.2 Million Loan Agreement to Rehabilitate Moldova’s Rail Infrastructure

(IN BRIEF) The European Investment Bank’s (EIB) specialized development finance arm, EIB Global, has entered into a €41.2 million loan agreement with the government of Moldova for the revitalization of the country’s railway infrastructure. Complementing this funding is a €12 … Read the full press release

Alstom to build new production line for board transformers with EUR 10.5 million investment in Morocco

(PRESS RELEASE) SAINT-OUEN, 14-Dec-2021 — /EuropaWire/ — Alstom (EPA: ALO), a French multinational rolling stock manufacturer and leader in sustainable and green mobility solutions, has announced a EUR 10.5 million investment in Morocco for the development of a new 13 … Read the full press release