| Project Detail |
The project consists of multiple schemes of railway infrastructure, in particular these are related to: (i) upgrade, modernise and renew trans-European networks (TEN-T) railway lines (ii) deploy European Rail Traffic Management System (ERTMS) on railway lines and retrofit of maintenance vehicles with ERTMS equipment and (iii) improve safety of level crossings. Objectives The project is expected to increase the quality of rail services provided in the Czech Republic, as well as promote travel by rail, reducing the use of road transport and the associated negative impacts on the local environment, road safety and GHG emissions and, thereby, contribute to the sustainable transport in line with EU objectives. The project is mostly located in EIB Cohesion Priority Regions and by facilitating access promotes regional development. Several schemes are aimed at increasing the capacity of the existing lines and removing bottlenecks, and thus allowing traffic growth. For some sections, where the works will allow to increase maximum speeds or prevent reduction of maximum speed, it may also generate time savings for passengers. The project will also present environmental and safety benefits due to preventing modal shift from rail to road because of better rail services and improved safety of level crossings, as well as related vehicle operating cost savings. Finally, by means of contributing to achieving interoperability of the EU railway system, the project is expected to improve competitiveness of rail vis à vis other modes; and thereby, enhance sustainable transport. Sector(s) Transport - Transportation and storage Proposed EIB finance (Approximate amount) CZK 39600 million (EUR 1665 million) Total cost (Approximate amount) CZK 88000 million (EUR 3700 million) |
