Baltic countries and Poland in the peak of Russia will build rail Baltica high -speed rail - media
The Rail Baltica project worth $ 4 billion is designed to connect the capital of Estonia, Latvia and Lithuania with Warsaw. Journalists call it an infrastructure and a symbolic step, which should be even closer to the former Soviet republics to the European Union during the high tension between Western Europe and the Russian Federation.
The full -scale invasion of the Russian Federation into Ukraine has pushed the Baltic countries to take measures to reduce dependence on Russian infrastructure and energy supply. Historically, the Baltic countries have relied on rail systems using the Russian track, but the rail Baltica will have a standard European track. It is a big project both in terms of scale and finance. The estimated cost of Rail Baltica is estimated at 5.
8 billion euros, it is one of the most significant infrastructure projects in the region. It is largely funded by the EU - up to 85% of the costs goes through the Connecting Europe Facility. The length of Rail Baltica is 870 km. This line will move to speeds of 234 km/h, which will significantly reduce the time on the road and increase the efficiency of passenger and freight transportation. The project is expected by 2030.
It promises significant economic benefits, including 36,000 jobs and the expansion of trade opportunities, said in the Erb Rail JV consortium, which is behind the project. "We are investing strategic investments for our whole region," Arthur Popa, CEO, and Budimex, chairman, say in the Presrection of Arthur Popa, CEO and Board Chairman. It should be reminded that on May 29 it became known that Lithuania will allocate 13. 5 million euros to Ukraine for the purchase of modern radars.