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Ceturtdiena 21.09.2017 | Name days: Matīss, Modris, Mariss

Rubesa: the first train to travel on Rail Baltica II will be released in 2025

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUThe first train to travel from Tallinn to Lithuania and Poland on Rail Baltica II railway line will be released on it in 2025, notes head of Rail Baltica II joint Baltic company Baiba Rubesa.

«If everything goes according to plan, the first train will depart from Tallinn towards the Lithuanian and Polish border in 2025. The question is what will happen to the railway line that is planned to go through Poland to Berlin. I think this area will require five additional years. Nevertheless, we have to prepare in due course in order to coordinate plans and sign all documents in advance,» – said Rubesa in an interview to Lithuanian Verslo žinios.

She noted that RB Rail’s main priority at the moment is making sure Poland becomes an active participant in the project, because Rail Baltic has to become a new transport corridor from Helsinki to Berlin.

On 10 July the coordinating committee of Connecting Europe Facility in Brussels decided on projects that will be provided with EU funding. It has been decided to provide the first stage of Rail Baltica II with 81.83% co-financing depending on relative costs. Total relative costs of the first stage of Rail Baltica II are estimated at EYR 540,444,000. With that, the maximum amount of funding the EU can provide is EUR 442,231,000.

The main objective of Rail Baltica II project is to restore direct connectivity with Europe’s railway network and contribute to regional integration, connecting Helsinki, Tallinn, Riga, Kaunas, Warsaw and Berlin together.

According to estimates of the British Aecom consultancy company, establishing the railway line in Latvia alone will likely cost EUR 1.27 billion (EUR 3.68 billion in all three Baltic States). Size of investments of each country depends on the size of co0financing from Europe.

RB Rail was founded in November 2014. Its main objective is to design, build and advertise Rail Baltica project.

Ref: 102.109.109.5982


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