China: China International Trust & Investment Corp has provided a 1bn yuan loan to the Shanghai Transrapid project.

Iran: Officials confirmed onSeptember 12 that final terms had been agreed for Chinese banks to provide US$100m for a 25 km extension of the Tehran Suburban Railway from Mehrshahr near Karaj to Hashgerd; work will take four years.

Latvia: The government has allocated 3·1m lat from the sale of mobile telephone licences to the renovation of 22 DMUs, to allow services to be retained on Riga - Ergli and other routes.

Hungary: The European Investment Bank has provided a credit of €190m for modernisation work on the Hegyeshalom - Budapest - L