The Spanish Ministry of Transport will invest 2.8 billion euros for the development of the TEN-T Atlantic Corridor in the Asturias region. The vast majority will be allocated to the railways. Of the 2.8 billion euros allocated for Asturias, 2.42 will be dedicated to railway projects. The remaining funds will be split between road infrastructure…
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…