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COMPLETE OVERHAUL OF PLOCE-METKOVIC RAILWAY COSTS EUR96.6 MLN.

PLOCE-METKOVIC RAILWAY COSTS EUR96.6 MLN. PLOCE, Sept 11 (Hina) - The Croatian Railways (HZ) have started reconstructing the railway line from the seaport of Ploce to Metkovic, and the complete overhaul will cost 96.6 million euros, the company's CEO, Marijan Drempetic, announced a few days ago.
PLOCE, Sept 11 (Hina) - The Croatian Railways (HZ) have started reconstructing the railway line from the seaport of Ploce to Metkovic, and the complete overhaul will cost 96.6 million euros, the company's CEO, Marijan Drempetic, announced a few days ago. #L# The purpose of the overhaul is to adapt this railroad to tilting trains which will be introduced into service within the pan- European Vc corridor. The highway within this corridor should connect the southernmost Croatian seaport of Ploce with Sarajevo, Osijek and Budapest, while the railway line will contribute to a better offer of services in the entire transport system in the said route. Of 96.6 million euros of funds, forty (40) millions will be secured through a loan granted by the World Bank, and the rest will be allocated from the Croatian state budget. The funds will be used for the repairs on the rails, modernisation of railway stations and the improvement of railway junctions so that they can reach highest European standards. (hina) ms

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