Rail Baltica
There are a very few projects which are as effective in uniting a region’s
economic concerns by building a robust
supporting infrastructure as a transit rail project which goes through the
heart of the countries. One such project is Rail Baltica. Connecting five
European countries- Poland, Lithuania, Latvia, Estonia and Finland, it spans
over 870 km in length. More than €5 bn has been invested into the project.
Considered to be the largest Baltic-region infrastructure project in the
last 100 years, it is also one of the most environmentally friendly projects as
it is fully electrified, ensuring no carbon emissions are produced. The entire
network has been built with state-of-the-art and latest, modern technologies. “With
trains travelling at up to 240 km/hour, a trip from Tallinn in Estonia to the
Polish-Lithuanian border will take just four hours. Up to 85 percent support is
needed from the EU, with the other 15 percent coming from the cash-strapped
Baltic governments and the private sector in each country. The countries are
forming a joint venture to move the project forward, with construction due to
start in 2018 and finish by 2023” (KPMG).
(Image Credits: Ministry of Latvia)
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