3.3 C
Brussels
Sunday, December 22, 2024
EconomyUkraine: the cost of switching to the eurotrack

Ukraine: the cost of switching to the eurotrack

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Additional investments are also needed to increase the throughput at border crossings.

Infrastructure Minister Alexander Kubrakov said that the conversion of one railway line to the EU standard would cost between $2 billion and $3 billion.

He told the FT about this, writes “Economicheskaya Pravda”.

And at the same time, according to him, additional investments are needed to increase the capacity at border crossings.

As you know, Ukraine will begin the phased construction of a narrow European gauge in order to connect its railway with the European one. At the first stage, it is planned to connect major hubs and major cities.

Earlier, the operating director of Ukrzaliznytsia, Vyacheslav Eremin, noted that changing the path is “expensive, long and difficult, but necessary.” According to him, the following stages are being considered: Lvov-Kyiv, Lvov-Odessa, Lvov-Krivoy Rog.

The strategic goal in the future is a complete transition to the European gauge, but if you look at neighboring Poland now, they still have lines where there is still a Soviet gauge.

- Advertisement -

More from the author

- EXCLUSIVE CONTENT -spot_img
- Advertisement -
- Advertisement -
- Advertisement -spot_img
- Advertisement -

Must read

Latest articles

- Advertisement -