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The EU to finance development of tram infrastructure in Latvian capital

The European Commission has approved a project for development of tram infrastructure in Riga which includes construction of a new tram line in the Skanste area worth 97.4 million euros, said Rigas Satiksme, the municipal company providing public transport services in the Latvian capital, cites LETA.

The project includes construction of a 3.6 kilometers long new tram line in the Skanste area and renovation of the infrastructure of some of the existing tram lines, arrangements for power supply, purchase of 12 new low-deck trams, development of a traffic management system as well as renovation of certain streets and re-arrangement of utility lines.

The total eligible cost of the project is 97.4 million, of which nearly 65.7 million will come from the Cohesion Fund. Another 4.3 million have been set aside and will be disbursed after the end of 2018, if the project met the criteria. Rigas Satiksme will contribute 27.4 million to the project. The actual construction will begin in the second half of 2018, and it is planned to complete the project in 2020.

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