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New Cost – Benefit Analysis for Rail Baltica and fresh NSB CoRe results presented in Rail Baltica Global Forum

02.05.2017

Rail Baltica
“Rail Baltica Global Forum 2017 – Building a New Economic Corridor” took place on 24 April in Riga. The high-level conference was organized by “RB Rail AS”, a joint venture by the three Baltic States, with the support of the global project’s national implementing bodies – Rail Baltic Estonia, Eiropas Dzelzceļa līnijas and Rail Baltica statyba.

The Forum discussed the potential of Rail Baltica’s infrastructure becoming a catalyst for a new economic corridor. The new Rail Baltica Global Project Cost – Benefit Analysis (CBA) was presented for the first time. The CBA confirms that the Rail Baltica project is financially and economically viable. The new study reaffirms the project’s economic feasibility and highly beneficial nature, providing the necessary updated parameters for the project’s continued EU and national co-financing. The study suggests that the total estimated cost of the global project is 5.8 billion euros.

Several partners from NSB CoRe project took part in the Forum and Jorma Härkönen from Limowa was one of the main speakers. Mr Härkönen made presentation on Finnish Business Opportunities with Rail Baltica based on the surveys just accomplished in the Intermodal logistics work package in NSB CoRe project. According to Mr Härkönen the surveys show that there is a big interest towards the new corridor as a new alternative for Finnish export industry that is actively seeking new solutions especially for their transports to Central Eastern Europe, mainly countries south of Poland.

The executive summary of the Rail Baltica Cost-Benefit Analysis and Jorma Härkönen’s presentation as well as all the other presentations from the Forum are available at the official website of the Rail Baltica Global Project.


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