The Latvian government has reportedly “conceptually agreed” on initially bypassing the capital city Riga within the framework of Rail Baltica to save on expenditures. However,…
Category: Rail Baltica
Freight to contribute little to billions of Rail Baltica-induced growth
Rail Baltica is an economically viable undertaking. While its projected cost has grown immensely in recent years, the high-speed rail line is expected to contribute up to 23,5 billion euros to the Baltic economies. Freight, however, is not likely to contribute much. An independent cost-benefit analysis (CBA) found that Rail Baltica will likely add between…
Rail Baltica mainline construction takes off in Latvia
Latvia is commencing construction works on the Rail Baltica mainline. The Rail Baltica team and its international partners gathered in Riga to mark the occasion, but uncertainty remains about the final shape Rail Baltica will take. The construction of the 230-kilometre Latvian mainline will take place in stages. Initially, Rail Baltica will be working on…
Costly Rail Baltica to cut ambitions and seek funding elsewhere
As Rail Baltica’s projected costs are mounting and continue to grow, the project’s feasibility is in question. Uncertainty surrounding EU funding is forcing Rail Baltica to look elsewhere and readjust ambitions. As Rail Baltica eagerly awaits the results of the January application round for EU funding, discussions surrounding pan-Baltic railway continue. It is uncertain how…
Latvia appoints special Rail Baltica secretary amid strategy change
In the midst of a troubled implementation of Rail Baltica in Latvia, the country is undergoing a strategy change. Latvia is centralising the project’s management under the transport ministry. Kristine Malnača, formerly employed at Rail Baltica, will be deputy state secretary for Rail Baltica affairs, starting in June. Malnača will be leading a Rail Baltica…
Finnish cargo critical to making Rail Baltica relevant for logistics
Rail Baltica is probably one of Europe’s most anticipated railway projects, and rail freight is set to benefit significantly from its development. However, no matter its potential, the project could also end up becoming irrelevant for logistics. According to Oli Pohjanvirta, CEO of Nurminen Logistics, attracting Finnish volumes will be key in determining the project’s…