Huge investment boost coming for Czech railways

Huge investment boost coming for Czech railways

Published at: 2018-11-30 10:03 | Author: CIJEurope.com
The Czech Republic will pour CZK 23.3bn into its railway infrastructure in 2019, a jump of CZK 3.5bn from this year's expected spend. Most of the money will go towards work on the railway network, with just CZK 700m expected to be used on the reconstruction of train stations. SZDC, the company that maintains the railway system, predicts that investment levels will continue to rise and that for the years 2021 to 2027, the average volume of investment will be CZK 30.5bn. The same figure for 2014-2020 was just CZK 18.25bn.

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