EU to fund rail siding construction for ‘any willing company’ in Czechia
The funds will be provided in the form of direct grants, which will cover 49 per cent of the total expenditure and investment. Shutterstock
The European Commission recently approved a funding scheme for railway siding that covers construction, upgrade and renovations in Czechia. The backing is worth 74 million euros and will run until 2027. The EU institution said the funding will be available for all companies willing to acquire an efficient railway connection to the country’s network.
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