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Saturday, 01.11.2014, 05:06
Latvian Transport Minister Anrijs Matiss (Unity), who is expected to stay on as minister in the next government, says that his main priority in the next government is to straighten out Latvia's road system by guaranteeing long-term road construction and maintenance financing, and improving the quality of road construction, cites Nozare.lv.
Keyword tags: Financial Services, Latvia, Legislation, Railways, Transport
On 28 October 2014, the representatives from Baltic States signed a landmark agreement which will launch the project Rail Baltica and bring the Baltic region closer to the Western Europe. By terms of the agreement, a joint Lithuanian, Latvian and Estonian venture responsible for the Rail Baltica project will be set up in Riga, informed BC Lithuanian Transport Ministry.
Cargo flow projections that were the basis for Latvijas Dzelzcels (LDz) railroad electrification project have not been, and will not be achieved, thus the risks of the project and the project itself need to be revised, Transport Minister Anrijs Matiss (Unity) said during a Latvian Port, Transit and Logistics Council meeting today, cites LETA/Nozare.lv.
On Tuesday, October 28, in the presence of the Ministers of Transport of all three Baltic States the Rail Baltica II Joint venture of the Baltic States was established for successful implementation of the Rail Baltica II European standard railway line project, informed BC public relations specialist of Latvian Transport Ministry Rolands Rumba.
The pan-Baltic railway line Rail Baltica's Estonian project manager Miiko Peris said that Estonia intends to submit the first, 191 million euros financing application already in February 2015, LETA/Public Broadcasting reports.
Lithuanian and Kazakh representatives agreed over more active co-operation in order to boost cargo volumes transported between the two countries, including co-ordinated actions seeking to attract transit cargo from China, informs LETA.
Freight transportation in East-West transport corridor via the port of Klaipeda, prospects of cooperation in Viking project, establishment of common public logistic centres, opening of direct flights between Vilnius and Baku, collaboration in information and communication technology were among the topics tackled by Rimantas Sinkevivius, Minister of Transport and Communications of the Republic of Lithuania, Azerbaijan’s Transport Minister Ziya Mammadov and Ali M. Abbasov, Minister of Communications and High Technologies, reported BC the ministry.