Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Budapest-Constanta high speed rail to be completed in 2020

The construction of the Budapest - Constanta high sped rail will take about 12 years and according to estimations, the project's execution will be completed in 2020, reads a report remitted to Rompres by the Romanian Rail Company - CFR SA.

The cost of the project stands around eight billion euro. According to CFR, if continuous financing is ensured, works will keep to the execution schedule; they are due to kick off in about four years and end in five to eight years. In November 2007, on the occasion of a joint government meeting, Romania and Hungary signed an agreement for the construction of this railway. The two Transportation Ministries chose the Budapest - Bucharest - Constanta route in order to integrate the two states in the international high-speed rail system that links all large European cities. The plan of the Romanian and Hungarian authorities follows the emergence of a European project for the construction of a high-speed line linking Strasbourg (France) to Hungary's Budapest. The line is supposed to cross Frankfurt, Munich and Vienna. As a result of recent lobby by Budapest authorities, the Vienna - Budapest segment was also included in the project, which will benefit from European funding as well. 'Expressed in 2006 prices, one kilometer of high-speed rail costs ten million euro in the plain and 40 million euro in mountain areas. Costs get higher if tunnels also need to be built. Such a rail connection highly benefits economy and citizens as well, because it provides a rapid alternative to road transportation,' Alstom Transport Romania director Gabriel Stanciu told Rompres. Taking in consideration that the distance between Bucharest and Budapest is 800 km, the necessary investment would amount to eight billion euro. Trains will run on the track at speeds between 220 and 250 kph. The milestones of the CFR schedule are as follows: the pre-feasibility study should be worked out by the end of the year and the feasibility study should follow in 2009; procedures for the selection of a contractor should be organized most likely in 2010 or 2011 at the latest. More than 5,500 km of high-speed railway are being operated in Europe, another 3,400 kilometers of rail are under construction and 8,500 km of are now being designed. Sursa: http://www.rompress.ro

Tags: budapest speed constanta euro

Articole similare