გრუზინ გეო

Rail Baltica in Latvia is considering attracting private investment to speed up construction.

On April 4, Chairman of the Board of the Latvian company Eiropas Dzelzceļa līnijas Ēriks Diljevs, Head of Investment Development of RB Rail AS Pēteris Celms and Director of the contractor organization Bererix Guntis Āboltiņš-Āboliņš held a meeting with representatives of the Swiss company SSB Holdings Group. The possibilities of attracting financing under the public-private partnership (PPP) model for the Rail Baltica project, in particular, the Central Hub in Riga, were discussed.

Currently, the project team, together with investors, is developing a PPP financial model that can accelerate the implementation of the infrastructure and reduce the long-term burden on the budgets of the Baltic States. Particular attention is paid to the selection of sites and objects most suitable for implementation with the participation of private capital.

The PPP model is actively supported by the European Commission and has already proven its effectiveness in other international infrastructure projects. The first negotiations with potential investors showed a high interest in participating in Rail Baltica, which confirms the prospects of private financing with the support of state structures.

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