Lithuania launches 1.3-bln-euro Rail Baltica tender


VILNIUS, Oct. 7 (Xinhua) -- LTG Infra, the infrastructure subsidiary of Lithuanian Railways (LTG), has launched a procurement process worth 1.3 billion euros (1.27 billion U.S. dollars) for the construction of Rail Baltica infrastructure.

The railway links the city of Kaunas in south-central Lithuania and the country's border with Latvia, Lithuania's Ministry of Transport has said.

The winner will build a new railway embankment, engineering structures and access roads.

The European Union (EU) is expected to finance around 85 percent of the cost, with the rest to come from the national budget.

The section has received 257 million euros in EU funding. In July, the European Commission approved a further 360 million euros for the construction of Rail Baltica in the Baltic countries.

Rail Baltica's fast rail service will connect Tallinn, Parnu, Riga, Panevezys, Kaunas, Vilnius and Warsaw by 2026. The total length of the railway line in the Baltic states will be 870 km.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In World

Historic crown to be modified for King Charles's coronation
Swedish pension funds invest in cryptocurrency: media
Messi celebrates 1,000th game with goal, World Cup quarterfinal tie against Netherlands
Ukraine slaps sanctions on senior clerics in pro-Moscow church
Messi, Alvarez fire Argentina into World Cup last 8 (updated-1)
Messi, Alvarez fire Argentina into World Cup last 8
Rocket fired from Gaza into Israel: military
Putin not sincere about peace talks now, says top U.S. diplomat
Van Gaal: Netherlands can go all the way in World Cup
Starters of Argentina against Australia in World Cup Round of 16

Others Also Read