€5.4 bn To Be Invested in Railways Upgrade Until 2030

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Photo: Ivica Galovic/PIXSELL
Photo: Ivica Galovic/PIXSELL

Addressing the event, Transport and Infrastructure Minister Oleg Butković said that current investments in the transport sector totaled just above HRK 25 billion, with investments in the railway sector accounting for about 11 billion.

“As a sector, the railway is in a neglected state and it is a major challenge for the government to build, modernize and restructure it… and raise it to the European level by 2030,” Butković said, noting that the National Recovery and Resilience Plan envisaged HRK 670 million for the railways and pointing in that regard also to the Multiannual Financial Framework.

€5.4 billion to be invested in railways until 2030

HŽ Infrastruktura railway maintenance company CEO Ivan Kršić said that projects to build and modernize the railway infrastructure in the period until 2030 amounted to €5.4 billion, while the length of renovated and modernized railways would be 780 kilometers or 30% of the total network, to be mostly co-financed by the EU with 85% of the necessary funding.

Most of the investments referred to projects along two transport corridors – RH1, running from the border with Slovenia to the border with Serbia, and RH2 – stretching from the northern Adriatic port city of Rijeka to the border with Hungary.

Three projects have been completed so far along Corridor RH1 and four more sections are in different stages of preparation or implementation.

One of the active projects along Corridor RH2 is the Dugo Selo-Križevci railway section, which must be completed by 2023, while reconstruction work on several other sections is expected to start soon.

In addition to the two corridors, 12 more projects are planned on the rest of the railway network, Kršić said.

 

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