Source: Tanjug | Tuesday, 14.01.2020.| 13:47
Highlight an article Print out the news

Croatia to invest EUR 3.5 billion into railroads

Illustration (Photo: Vivvi Smak/shutterstock)
Croatia has already put tens of billions of Kunas into road construction and the next in line are railroad tracks, Croatian Vecernji list daily writes noting that EUR 3. 5 billions will be invested in the railway system during the next ten years.

The first new railroad on Croatia over the last half century, Sveti Ivan Zabno-Gradec, was opened near the end of last year. The investment, worth KN 258 million (or EUR 34.6 million), is only a small part of the investment cycle started in the railway system, worth EUR 3.5 billion in total, the article reads.

The total length of rail network, managed by HZ Infrastruktura (Croatian Railways) is 2,617 km out of which 2,343 km are single-track railways and only 274 km are double-track railways.

According to HZI's data 980 km of rail network has been electrified but this could significantly change in the next ten years, mostly thanks to EU funds.

Therefore, Croatia should get up to 680 km of double-track railways and 1,022 km of electrified railways by 2030, the daily writes.

The projected speed for the new railways is 160 km per hour. Required length of freight trains for these tracks is 750 meter and 400 meters for passenger trains.

New railways will also be used by 40 new trains. Croatian railway company HZ Passenger Transport has so far arranged the procurement of 28 new trains with the maximum speed of 120 km/h.

This company plans to finance the purchase of the 21st coach with a KN 11,1 billion grant (around EUR 146,7 million) while the purchase of the other 19 trains will be funded with the World Bank and Eurofima loans, writes Vecernji list.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE