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International Internet Magazine. Baltic States news & analytics Saturday, 21.04.2018, 08:41

EU Commission: Rail Baltic cost-benefit analysis is correct

BC, Tallinn, 26.10.2017.Print version
The European Commission's Directorate-General for Mobility and Transport said that the general cost-benefit analysis of the Rail Baltic railway project is in accordance with the European Commission's standards for compiling cost-benefit analyses, informs LETA/BNS.

"The Directorate-General for Mobility and Transport have no reason to doubt the methodological quality of the analysis that - once again - was carried out in accordance with the standards of the European Commission," Herald Ruijters, director of the MOVE B directorate of the Directorate-General for Mobility and Transport of the European Commission's TEN-T mobility program said in a letter to opposers of the Rail Baltic project from the Estonian NGO Avalikult Rail Balticust (Openly About Rail Baltic) according to RB Rail AS, the joint venture established by the three Baltic countries for the construction of the Rail Baltic high-speed railway.

 

Ruijters said that both those who carry out the project and those who compiled analysis have always been prepared to carry a constructive dialogue with all parties. The full version and results of the report are publicly accessible on the project's website. In addition, public presentations of the report have taken place at Rail Baltica Global Forum events both in Riga and Estonia.

 

The Estonian NGO Avalikult Rail Balticust has previously expressed the opinion that the cost-benefit analysis carried out by Ernst&Young (EY) is not in accordance with the standards of the European Commission and thus does not qualify for EU funding.

 

RB Rail is a joint venture established by the three Baltic countries in October 2014. The Rail Baltic project seeks to establish a direct railway connection between the Baltic states and the European railway network enabling speeds of up to 240 kilometers per hour for passenger trains and 120 kilometers per hour for freight trains.






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