Narrative
In the Baltic States, Rail Baltica is the largest infrastructure project of the 21st century that will integrate the railway system into the European network. Currently, no train connections exist between all three capitals of Latvia, Estonia, Lithuania. The construction phase should be accomplished by 2027, enabling new low-carbon travel mode.
Financial data
The total estimated project costs are 5.8 billion EUR. By 2022, the Latvian Ministry of Transport had obtained 317 million EUR EU funding.
Recommendations
Megaprojects are always challenging to administrate and complete in time.
Information sources
MediaOther info
https://www.railbaltica.org/
