CKU line to cost Kyrgyzstan 8 billion dollars
Kyrgyzstan will need to spend 8 billion dollars on the China-Kyrgyzstan-Uzbekistan (CKU) rail line. Funding is the main obstacle to the construction of the route. Kyrgyzstan has not yet been able to find enough money...Read more
EU Commission approves 180 million euros for Polish intermodal transport
The European Commission (EC) has approved 180 million euros in funding for intermodal transport in Poland. The investments will be funded from the EU’s Recovery and Resilience Facility.Read more
EU: Rail Baltica needs to be done by 2030 with or without Riga
The European Commission has been clear about its demands for the construction of Rail Baltica. The railway needs to be finished and have trains running by 2030 to continue funding. A key question is whether...Read more
16 billion euros set aside for rail transport in Poland
Poland will be the biggest beneficiary of the upcoming EU financial perspective for 2021–2027. Around 170 billion euros is expected to be dedicated to the country. In total, 16 billion euros has been set aside...Read more
Germany allocates 102 million euros for rail freight
A German funding scheme for the rail freight industry has been opened. The federal government allocates 30 million euros per year until 31 December 2024 to make the industry more future-proof. The federal programme, which...Read more
Shift2Rail awards grants for its 2018 Call for Proposals
Nineteen research and innovation projects will receive 77.3 million Euros under the Shift2Rail 2018 Call for Proposals. The nineteen projects combined are worth a total of 152.5 million Euros. The new projects aim to accelerate...Read more