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Wednesday 24.01.2018 | Name days: Krišs, Eglons, Ksenija
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Businessmen offer to help fund railway works in Estonia rejected by minister

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Estonian Economic Affairs Minister Kadri Simson

Entrepreneurs in Lääne County, Estonia, have offered the state to help with funding the reconstruction of a railway section, by attracting private money, but the offer has been rejected by Estonian Economic Affairs Minister Kadri Simson.

Estonian public broadcaster ERR reports that in a response letter sent to the county government last week, Simson wrote that she could imagine that state railway infrastructure company Eesti Raudtee might rebuild the section as an extension of its network and: «Hopefully there’s the possibility for a decision to allocate the necessary funds in 2019».

ERR cited local newspaper Lääne Elu as writing that businessman Koit Uus made an offer to Estonian state railway company Eesti Raudtee in June that his company Lääne Raudtee could take a loan on top of the eight million euros allocated by the state and restore the tracks all the way to Haapsalu instead of trying to convince the state to finish the works.

Lääne County Governor Neeme Suur made a similar proposal by sending letters to the Minister of Economic Affairs and also to Prime Minister Jüri Ratas in June.

Ref: 111.111.111.4798


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