Austria to invest EUR 15 billion for rail projects

frontrunner-2Austrian Minister of Infrastructure Jörg Leichtfried has submitted the ÖBB’s framework plan for the years 2017-2022 to the Council of Ministers. For company’s future projects relating to railway development, EUR 15.2 billion will be provided. “Our investments create value for generations. Every year we earmark about EUR 2 billion for the further expansion of the railway, thus securing more than 40,000 jobs throughout Austria”, said Jörg Leichtfried. The framework plan provides for investments in all regions and was a further step to implement the planned network of destinations 2025+.
A major part of the funding will be provided to ongoing projects as Semmering Base Tunnel (EUR 1.7 billion), Brenner Base Tunnel (EUR 2.5 billion) and Koralm Line (EUR 2.6 billion).
The electrification and doubling the Stadlau – Marchegg line, Linz – Wels, Vienna – Breclav and Vienna – Inzersdorf – Wampersdorf line project, are among major projects included within the financing plan.
The Master Plan for Infrastructure Investments 2016 – 2021 includes new projects and maintenance of the railway infrastructure, with a total investment of EUR 14.6 billion. Within the strategy, EUR 4 billion is required for the new southern route (Koralm Railway and Semmering Base Tunnel). For Koralm Railway, EUR 57.5 million is the EU’s financing under the Connecting Europe Facility. For maintenance, Park&Ride,  soundproofing, tunnel security projects, EUR 3.8 billion will be necessarily; EUR 3.4 billion will be allotted for the rebuilding of stations and terminals, new routes and multiple track lines; for security and operating systems will be invested EUR 1.0 billion, and for the Brenner Base Tunnel, EUR 2.4 billion- for the planning and construction of the Brenner Base Tunnel, under CEF, Austria will receive a EUR 1.18 billion financing.
We remind that the Ministry of Finance and Ministry of Transport, Innovation and Technology have approved an annual investment volume between EUR 2 billion and 2.7 billion.

 The 2021 Master Plan contains investments for 8 key projects:
•    Inzersdorf: terminal construction-Vienna Cargo Center
•    St. Polten: a new construction-freight train bypass
•    Remote operations management centers
•    Wien Blumental-Wampersdorf: 2 track expansion, Pottendorf line
•    Linz-Wels: 4-track expansion
•    Gloggnitz-Murzzuschlag: new route construction
•    Graz-Klangerfurt: Koralm Railway (projects in contract)
•    Brenner Base Tunnel

Photo: ÖBB/Andreas Scheiblecker


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