The joint venture RB Rail AS, which is responsible for the centralized coordination of the project and the certification of the railway line in all three Baltic states, has carried out a high-level, principles-based fiscal analysis. It reflects the actual costs of Rail Baltica for Estonia, Latvia, and Lithuania, taking into account tax returns during the construction period. The analysis is based on the latest project cost estimates, as well as on the findings of studies by the Bank of Latvia …
The joint venture RB Rail AS, which is responsible for the centralized coordination of the project and the certification of the railway line in all three Baltic states, has carried out a high-level, principles-based fiscal analysis. It reflects the actual costs of Rail Baltica for Estonia, Latvia, and Lithuania, taking into account tax returns during the construction period. The analysis is based on the latest project cost estimates, as well as on the findings of studies by the Bank of Latvia (2026) and the Estonian research centre CentAR (2023) on the impact of the Rail Baltica project on national economies during construction. The main conclusion, based on a conservative estimate, is that from every euro invested in Rail Baltica…
