Asian Development Bank Archives - Page 3 of 3 - International Railway Journal

Asian Development Bank

November 13, 2020 | Financial

ADB approves $US 121m loan for Uzbekistan rail upgrades

THE Asian Development Bank (ADB) has issued a $US 121m loan to the government of Uzbekistan to complete the modernisation of the country’s eastern rail network.

August 20, 2020 | Infrastructure

$US 1bn ADB loan for Delhi - Meerut rapid transit project

INDIA’s National Capital Region Transport Corporation (NCRTC) has been awarded a $US 1bn loan by the Asian Development Bank (ADB) to support construction of the 82km Delhi - Meerut Regional Rapid Transit System (RRTS).

August 10, 2020 | Financial

Asian Development Bank releases ‘bounce-back’ report

A report by the Asian Development Bank (ADB) recommends that public transport operators adopt new hygiene measures and green technology to rebuild passenger confidence and encourage a return to services.

August 4, 2020 | Asia

Philippines awards North-South Commuter Railway contracts

PHILIPPINES National Railway (PNR) has awarded the first two engineering and construction contracts for Clark Phase 2 of its North-South Commuter Railway Project (NSCR), following a virtual signing ceremony on August 1.

July 11, 2019 | Asia

Asian Development Bank to fund Sri Lanka efficiency improvement project

THE Asian Development Bank (ADB) has announced it will provide $US 160m to fund a railway efficiency improvements in Sri Lanka.

May 24, 2019 | Infrastructure

Asian Development Bank finances Indian electrification programme

THE Asian Development Bank (ADB) has signed an agreement to provide Rs 10.7bn ($US 750m) in long-term financing to Indian Railway Finance Corporation (IRFC) to fund the Railways Track Electrification Project, the largest single non-sovereign loan ever committed by ADB.

February 21, 2019 | News

Philippines launches tenders for Malolos - Clark line

THE Philippines Department of Transportation has issued a call for tender for a civil works contract for PNR Clark Phase 2 of the North-South Commuter Railway project, which will extend the line by 53km from Malolos to Clark.

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