Rail Baltic funding to cover tram connecting Tallinn airport to Ülemiste terminal

A newer tram at Ülemiste Station in Tallinn. (Siim Lõvi/ERR)
11/22/2016 9:50 AM
Source: BNS
Category: Business

According to an agreement regarding the European-gauge railway project Rail Baltic signed on Friday, the EU is to allocate a total of 191 million euros for the project, 13 million of which will be used to build a tram route connecting Tallinn Airport with the Ülemiste transportation terminal.

Innovation and Networks Executive Agency (INEA), the Rail Baltic joint venture and the Baltic ministries signed a financing agreement on Friday, the total volume of which is 225 million euros. 85 percent or 191 million euros of this total is to be funded from the EU's Connecting Europe Facility (CEF) and the rest by the three Baltic countries themselves.

The total volume of the Estonian projects is 13 million euros, of which support makes up 11 million euros, joint venture RB Rail said. Most of the sum is to be used to build a tram connection between Ulemiste terminal and Tallinn Airport, the construction of which already began in 2016.

Lithuania will get the biggest sum from the rail project's second funding round — 211.5 million euros, of which support amounts to 190 million euros.

Editor: Aili Vahtla

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