The Rail Baltica joint venture RB Rail AS has announced the signing of two new agreements under the Connecting Europe Facility (CEF), which will greatly accelerate the implementation of the Rail Baltica project. The funding provides 1.394 billion euros, including about 1.163 billion euros from the CEF and 231 million euros in co-financing from the […]
Connecting Europe Facility
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Rail Baltica set to receive additional €1.2 billion in EU funding to accelerate development and construction works
On 17 July 2024, the Rail Baltica joint venture RB Rail AS, representing the Ministries of Climate of Estonia, Transport of Latvia, and Transport and Communications of Lithuania, announced that the project has been awarded an additional €1.2 billion in the latest call from the Connecting Europe Facility (CEF). This significant funding, combined with national […]