Rail Baltica has received record funding to accelerate construction of the highway.
The Rail Baltica joint venture RB Rail AS has signed two new agreements under the Connecting Europe Facility (CEF) programme, which will allocate EUR 1.394 billion for the implementation of the project. Of this amount, EUR 1.163 billion is provided by the CEF, and EUR 231 million is co-financing from the Baltic States. This is the largest financing in the current period, aimed at accelerating the construction of key sections of the Rail Baltica mainline.
