Latvian Railways invests 4.5 billion euros in infrastructure
Latvian Railways has developed an infrastructure development concept until 2035 with electrification, increased train speeds and increased safety.
The total estimated cost of all railway infrastructure development projects by 2035 could reach 4.5 billion euros.
Chairman of the Board Maris Kleinbergs: “We expect that after the end of the pandemic, the intensity of passenger traffic can quickly recover and even exceed current levels, and in Latvia this trend will be facilitated by the large-scale modernization of the railway infrastructure launched by LDz, the replacement of the existing outdated passenger rolling stock with new comfortable trains as well as the implementation of the Rail Baltica project.
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