funding Archives - International Railway Journal

funding

July 9, 2026 | Light Rail

Funding secured for Budapest light rail extension

$US 103m project will expand the city’s network to the southern Buda district.

June 2, 2026 | North America

$US 466m revamp for Washington station

Union Station in Washington, DC to benefit from extensive modernisation programme.

May 14, 2026 | Australia/NZ

$US 73m for Sydney - Canberra upgrade

Federal and state funding approved for five-year improvement programme.

May 6, 2026 | Fleet

Slovakia secures EU funding for BEMU fleet order

ZSSK has already signed an order for 16 trains worth €144m, with an option for 20 more.

April 21, 2026 | Middle East

Syria to upgrade infrastructure and fleet

Funding agreed to help restore Syria’s war-ravaged railway.

April 15, 2026 | Africa

Ghana secures EU grant for ETCS project

ETCS Level 1 will be installed on Tema - Mpakadan line.

March 12, 2026 | Financial

The rise and rise of Indian rail investment

A supportive government has invested record sums in capital projects to improve India’s national network in recent years. Whether the public purse is getting a good return on its investment is another matter, says Srinand Jha.

February 3, 2026 | Australia/NZ

Sydney’s Parramatta light rail extension to be phased

10km Stage 2 will now be built in two sections.

January 29, 2026 | Infrastructure

Georgia reopens upgraded main line

Chinese contractor has completed work on 41km of East-West line.

January 15, 2026 | Central/South America

Funding confirmed for central Brazilian freight projects

Brazil’s state development bank to invest total of $US 515m in two projects in Mato Grosso state.

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