Business News


Modernisation of Divaca-Koper Railway Link Gets EU Funds

Ljubljana, 14 September (STA) - The European Commission will co-fund the second phase of the reconstruction and modernisation of the 26.4 km railway link between the port of Koper and the railway hub Divaca. The project worth around EUR 130m will receive EUR 68m from the cohesion funds.

This is the first confirmed railway project in the programming period 2007-2013, as part of which Slovenia is eligible for EUR 4.2bn of EU funds, the Office for Local Government and Regional Policy said on Tuesday.

The second phase includes reconstruction of the Divaca station and its power supply unit and reconstruction of the cargo station in Koper, as well as construction of pedestrian crossings, overpasses and local road links.

The railway section is part of the sixth priority project of the Trans-European Transport Networks (TEN-T) - the railway axis Lyons-Trieste-Divaca/Koper-Divaca-Ljubljana-Budapest-Ukrainian border.

According to the government office, the project will contribute to strengthening of the link which is facing an increased transit from the port of Koper to Hungary, Austria, Germany and Ukraine.

Once reconstructed and modernised, the railway link will carry around 82 trains a day, while the annual transport of cargo is expected to increase from the current nine million tonnes to 14 million tonnes.

The first phase of the project - upgrade of the signal and telecommunication equipment -, which was also funded by the cohesion funds, is nearing completion.

The third phase, which is expected to take place between 2010 and 2017, envisages the construction of a second rail track between Koper and Divaca.

You might be also interested in:

GET IN TOUCH

We are here to help you.