To promote trade with Ukraine, Austria has unveiled a feasibility study for the construction of 400 km of wide gauge track from Vienna to Ukraine’s border. The widened track would largely pass through Slovakia. It would cost 6.5 billion euros and would take 10 years of work, from 2023 to 2033. In a major bet on Ukraine’s future growth, the track could carry 20,000 freight trains with 20 million tons of cargo a year. Austria’s Transport Minister Joerg Leichtfried said Friday at presentation of the study, prepared by Deloitte: “I want Austria to become a connecting point for logistics in Europe.”
Austria may build 400 km of wide gauge track to Ukraine’s border
August 28, 2017
You may also like
Recent Events
-
Oracle Academy expands to five Georgian universities in partnership with StrategEast
-
StrategEast and Google explore AI’s economic potential in the Caucasus and Central Asia
-
StrategEast President highlights unique position of Georgia as a digital bridge between Eurasia and the Gulf at IGF event in Riyadh
-
USAID Business Support Project Donors’ Coordination Meeting held in Tashkent