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Romania Project Notice - CARANSEBES-ARAD RAILWAY - RRF CO-FINANCING


Project Notice

PNR 56266
Project Name CARANSEBES-ARAD RAILWAY - RRF CO-FINANCING
Project Detail The project consists of upgrading 155 km of existing single-track electrified railway line, including doubling of the whole length between Arad and Caransebes. The railway line is part of both the Rhine-Danube and the Orient/East-Med Core TEN-T Corridors. The upgrading of the mixed traffic (passenger and freight) railway line includes an increase of maximum design speed (160 km/h for passenger trains and 120 km/h for freight trains), axle load and maximum permissible train length, as well as installation of European Railway Traffic Management System (ERTMS) level 2 in order to bring the project in compliance with the relevant Technical Specifications for Interoperability (TSIs). Objectives The project is located in an EIB Cohesion Priority Region and the railway is on the core Trans European Transport Network (TEN-T). The project will be compliant with the Technical Specifications for Interoperability (TSIs), including installation of European Rail Traffic Management System. The project will significantly improve the quality and travel time of the rail connection between Arad and Caransebes and is expected to result in time savings as well as in some modal shift from road to rail with the corresponding vehicle operating cost savings, transport safety improvements and environmental benefits in terms of reduction of noise, GHG emissions and pollution. Sector(s) Transport - Transportation and storage Proposed EIB finance (Approximate amount) EUR 300 million Total cost (Approximate amount) EUR 1800 million
Funded By European Investment Bank (EIB)
Sector Entertainment
Country Romania , Eastern Europe
Project Value RON 18,000,000

Contact Information

Company Name European Investment Bank (EIB)
Web Site https://www.eib.org/en/projects/pipelines/all/20220881

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