CFR SA , the Romanian rail infrastructure manager, is to implement a new legal frame and business environment, in three stages, for the development of the railway infrastructure network. „Thus, according to the first stage, CFR SA will bring the topic in public and political debate, run market and econometric studies, design the legal frame and also will set the new financial mechanisms”, Dan Costescu, General Manager of CFR SA, said during the Railway PRO Investment Summit – Building the new CEE Railway Economy, organised in Bucharest, 6 – 7 October, by Club Feroviar with the support of the Romanian Railway Industry Association (AIF).
Furthermore, stage two envisages the implementation according to an appropriate timing, considering the internalization of external costs for road transport, reshaping the track access charges mechanism and improving the KPI of infrastructure.
„Thirdly, CFR SA will include the initiation and progress of modal shift over the break-even point when the subsidy turns to profit”, Costescu added.
CFR SA will start the development of the new legal frame and business environment through financial mechanisms as own revenues – track access charges and noncore network activities and the State budget – subsidies.
The proposed financial mechanisms are to be provided 20-30% of environment tax (from road transport), -20-25% from the vignette toll, over excise duty for fuel and 100 % from heavy lorries/coaches toll.
Further different developments are to be identified after further internal analysis, by consultants and resulting from the experience or best practices of other railways.
Dan Costescu also gave an insight of the current and future projects for the modernization of the railway sections, rail stations, on the rehabilitation works for bridges and tunnels on the TEN-T railway network and the ongoing projects for the increase of traffic safety.
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