An agreement between the government of Chisinau, the European Bank for Reconstruction and Development, and the European Commission was signed on Tuesday for the modernization of railways in the Republic of Moldova, according to the railway portal Railway Supply, citing railwaypro.
The main focus is on railway tariffs in the direction of the ports of Reni, Giurgiulesti, and Galati, according to the Railway Supply journal, citing CTS.
This railway section, spanning over 400 km, passes through the territory of Moldova, as reported by the railway journal Railway Supply, citing Ukrzaliznytsia.
The government has signed an agreement with the European Commission, allowing them to apply for funding from the Connecting Europe Facility (CEF) to support projects of common interest in the transportation, energy, and digital sectors, as reported by the railway portal Railway Supply, citing Railway Gazette.
The European Union and the European Bank for Reconstruction and Development are supporting the modernization of the railway system in the Republic of Moldova. This information was reported by the railway magazine Railway Supply, citing Oleg Tofilat.
The European Bank for Reconstruction and Development has approved a €23m anti-crisis loan, which CFM Moldovan Railways will use to partially finance the modernisation of two sections of railway for use by Ukrainian transit traffic. This is reported by Railway Supply, citing Railway Gazette.
Moldova, together with Kazakhstan, is implementing the largest railway repair project.
State Enterprise "Railway of Moldova" is working to increase the capacity of crossings on the border with Ukraine.
The Moldavian Railway put up for sale 51 decommissioned wagons.
Money to increase the authorized capital of the "Railway of Moldova" is proposed to be taken from the EIB loan.
To date, only air and road transport is carried out between the countries.
The Moldovan Parliament approved the draft Code of Railway Transport in the final reading. This is reported by local media.
