50 Billion Euro Additional Investment in Railways in Germany

billion euros additional investment in railways in germany
billion euros additional investment in railways in germany

Bild am Sonntag reports that the German government is preparing to invest in 10 billion euros in the next 50 railway infrastructure

In Germany, 10 billion euros will be invested in the next 50 railway infrastructure. Bild am Sonntag newspaper announced the news, the sources did not explain.

According to Bild, the German Ministry of Finance 10 aims to implement an annual investment program. Within the scope of the planned investment, the fund used for the maintenance of the railway network will be annually 2020 billion euros between 2025 and 1, and annually 2025 billion 2030 will be transferred annually.

The newspaper did not provide information on how to spend the remaining amount. Deutsche Bahn (WB), a state-controlled German railway company, already has 20 billion euros.

The German government, which reviews the railway plan every five years, is now spending annually 3,5 billion euros in maintenance work.

In a statement to Bild, a spokesman for Europe's largest railway company, Bild, refused to comment on the ongoing talks, but said it would be "useful for them" to extend the period from five years to 10.

In such a case, the spokesman said that they would achieve gains in terms of ”planning safety ord and said ord We can coordinate our construction works better and reduce the impact on railway traffic further. Böyle

The planned investment is planned to be approved by the Federal Assembly.

The criticism against the DB increased

The news about the investment plan came at a time when complaints about security concerns about aging railway infrastructure and the delays in the DB flights have intensified.

The DB launched a modernization project of about 10,7 billion euros last month.

With this project, the company aims to improve the 500 railway station and the 650 bridge as well as one thousand 300 kilometers. The WB had appointed a special authority to increase efficiency, as the punctuality of the trains dropped to 70. (DW)

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