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The implementation of the Rail Baltica project is financed by the national states – Estonia, Latvia and Lithuania – and co-funding from the European Union up to 85% of the total eligible costs, in particular in the framework of the Connecting Europe Facility (CEF) funding instrument.

Connecting Europe Facility

CEF for Transport is the funding instrument to realise European transport infrastructure policy. It aims at supporting investments in building new transport infrastructure in Europe or rehabilitating and upgrading the existing one.

Trans-European Networks for Transport (TEN-T) policy objectives foresee:

  • completion by 2030 of the Core Network, structured around nine multimodal Core Network Corridors.
  • completion by 2050 of the Comprehensive Network in order to facilitate accessibility to all European regions

CEF Transport focuses on cross-border projects and projects aiming at removing bottlenecks or bridging missing links in various sections of the Core Network and on the Comprehensive Network (link), as well as for horizontal priorities such as traffic management systems.

CEF Transport also supports innovation in the transport system in order to improve the use of infrastructure, reduce the environmental impact of transport, enhance energy efficiency and increase safety.

From 2015 until 2023 Rail Baltica project has signed 10 financing agreements under the Connecting Europe Facility, including military mobility envelope, for the implementation of project activities in Latvia and has secured a total of 916 MEUR financing – 744 MEUR thereof being EU financing and 172 MEUR - Latvia State Budget co-financing. 

For more information: https://cinea.ec.europa.eu/programmes/connecting-europe-facility/transport-infrastructure_en