Passenger

Haddad named EVP of the Northeast Maglev

The Northeast Maglev (TNEM) appointed Nazih Haddad to executive vice president, effective February 3. Haddad will manage the development of a high-speed rail system between Washington, D.C., and New York City, using Superconducting Maglev (SCMAGLEV) technology.

La Caisse enters agreement with Quebec government to focus on public transit system projects

La Caisse de dépôt et placement du Québec has entered into an agreement with the Québec government establishing a business model for the execution of major infrastructure projects. The model updates the government’s business practices by entrusting la Caisse with the execution of infrastructure projects, which will speed up their delivery and strengthen Québec’s economic growth. For la Caisse, the deal represents an opportunity to grow Quebecers’ savings by developing and operating assets that will generate commercial returns.