Czech Republic will Make Investment to Renewal Railway Fleet

Czech Republic will Make Investment to Renewal Railway Fleet
September 29, 2009 10:34 am

The Czech government has agreed to invest CKr8bn ($454.5m) every year over the next seven years in the Czech Railways (CD) network to replace or renovate train locomotives and passenger cars that are more than 40 years old.

The programme aims at bringing down the average age of its trains from 30 to 15 years by 2015. The move will see nearly half of the railway’s fleet of 4,000 locomotives, which cater to nearly 180 million passengers, be destroyed or renovated.
CD is planning to raise CKr10bn through bank loans to finance the programme. Another CKr4bn is expected to come from the EU.
CD will also invite bids in the second quarter of 2010 to build new trains. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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