Latest Transport News
World Energy GH2 acquires Canadian Port of Stephenville
Renewable energy company World Energy GH2 has acquired Port of Stephenville, located in Newfoundland and Labrador
IFC backs India's Best revamp of bus depots
International Finance Corporation is planning to assist Brihanmumbai Electric Supply and Transport's redevelopment of its depots
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Colombia’s Canal del Dique PPP formally awarded
Transport Latin AmericaColombia’s national infrastructure agency has formally awarded Sacyr’s local subsidiary the Ps3.25 trillion Canal del Dique PPP
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Panama road PPP advances
Transport Latin AmericaThe government of Panama has announced the start of prequalification for the Panamericana Oeste highway PPP, concluding the project’s feasibility stage
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Wieferich appointed as Michigan DOT lead
Transport North AmericaMichigan Governor Gretchen Whitmer has selected Brad Wieferich to lead the state's transport department – MDOT – as its new director
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Contract awarded for Ontario highway P3
Transport North AmericaInfrastructure Ontario and the Ministry of Transportation have awarded a $138.6 million fixed-price contract to GIP Paving for the Highway 3 Widening Project in Essex, Ontario
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RBC infra fund raises $600m at first close
Transport North AmericaRBC Global Asset Management has held the first closing of RBC Global Infrastructure Fund LP, which raised over $600 million in commitments from over 1,800 institutional and individual Canadian investors
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RAISE launches €750m infra fund
Transport EuropeRAISE has launched a €750 million investment strategy to create value for European investors and large corporates through decarbonisation and ecosystem preservation
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Prequal out for Paraguayan road PPP
Transport Latin AmericaParaguay’s ministry of public works and communications has revealed the list of prequalified companies for the Cuatro Mojones – Quiindy stretch of the PY 01 highway PPP
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EXCLUSIVE Hammersmith Bridge to progress as PPP
Transport EuropeThe London Borough of Hammersmith and Fulham is set to pursue a DBFM model for the Stage 2 restoration of Hammersmith Bridge, with a final industry day planned for early next month
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EXCLUSIVE Dual final close by year end for European AM
Transport EuropeA Europe-headquartered asset manager with global operations is expected to conclude fundraising on both its active capital raises by year end, potentially bringing in €7 billion between the global investment strategies
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Bangladesh issues tenders for road improvement
Transport Asia PacificThe Asian Infrastructure Investment Bank has issued 2 tenders on behalf of the Bangladesh Roads and Highways Department, seeking bids for an improvement of the 56.16km long Sylhet-Tamabil Road
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Bolivia to tender waterway feasibility study
Transport Latin AmericaBolivia’s ministry of public works has issued an international tender for the technical feasibility study for Section 1 of the Ichilo - Mamoré Waterway
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Argentina, Paraguay river transport agreement relaunched
Transport Latin AmericaThe governments of Paraguay and Argentina have agreed to reactivate a fluvial transport agreement scheme for passengers, vehicles and cargo after 51 years of standstill
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Accelleron to acquire Italian fuel injection systems manufacturer
Transport EuropeABB-owned Accelleron has agreed to acquire Officine Meccaniche Torino, an Italian manufacturer of fuel injection systems for marine engines
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Sumitomo, Oriental Consultants bag Manila MRT 3 contract
Transport Asia PacificSumitomo and Oriental Consultants Group have bagged a circa $135 million contract to extend their service on rehabilitation and maintenance for the Metro Rail Transit Line 3
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Nepal launches tenders for rural connectivity project
Transport Asia PacificThe Government of Nepal has applied for $120 million in additional financing from the Asian Development Bank for the Rural Connectivity Improvement project, for which it launched an invitation for bids on Wednesday