Romanian state-owned railway infrastructure manager CFR SA gets a EUR 440 million financing contract with the European Commission (EC) for upgrading Apata-Cata railway section, component of the Rhine-Danube Corridor, included in the Connecting Europe Facility (CEF) Programme, a press release informs.
This represents 81.74 percent of the total investment of EUR 538,300,852. Co-financing will be provided from the state budget, ie EUR 98,293,736 for 2016-2020 and EUR 167,571,408 for 2021-2023.
Apata-Cata section is an important lot within the rehabilitation project of Brasov – Sighisoara railway line, for trains with maximum speed of 160 km/h.
By attracting these European funds, CFR SA ensures the continuity of railroad infrastructure rehabilitation programs undertaken in the Operational Programme Large Infrastructure (POIM) and directly contributes to achieving the objective of upgrading the northern branch of Corridor IV between Curtici – Brasov – Constanta, as well as to achieve the planned EU funds absorption.
The Connecting Europe Facility (CEF) instrument contributes to the realisation of the Trans-European Transport Network (TEN-T) by financing key projects to upgrade infrastructure and remove existing bottlenecks whilst also promoting sustainable and innovative mobility solutions.