15.01.2024
Artikel Nummer: 47880
EUR 41.2 million for rail project
The European Investment Bank (EIB) will provide a EUR 41.2 million loan to support a project to upgrade Moldova’s north-south rail corridor. On a total length of 370 km, 128 km will be rehabilitated, including the replacement of 50 switches at stations.
This corridor serves as a vital link from Western Ukraine to key ports along the Danube and Prut Rivers. The project will be led by the Moldovan railway operator Calea Ferata din Moldova. It is part of an overarching countrywide reform to improve the existing rail infrastructure and bring Moldova’s railway network in line with EU standards and practices in the longer term, EIB said. (ben)