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Romania eyes building high-speed railway with Chinese firms
Published: Thu, 2014-09-04 11:31- Likes 4
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New line to be launched between Bucharest and Iasi
The Romanian government has unveiled plans to build a high-speed railway between the country’s capital Bucharest and Iasi. To perform the investment, the country has been in talks with a number of Chinese companies to discuss their potential involvement in the project.
The amount of the planned investment was not disclosed, but Romanian state officials have discussed the price range of the high-speed project.
“The average price for a high-speed railway, of 350 kilometres per hour, is about $20 million per kilometre, but I think that in Romania, which doesn’t have such long distances, we need the technology for 200-250 kilometres per hour,” said Romanian Prime Minister Victor Ponta, as reported by local news site Romania-Insider.com.
The plan was unveiled following an official visit by Ponta and Romania’s Minister of Transport Ioan Rus to China, where the two state officials boarded a high-speed train from Beijing to Ianjin.
Following the completion of the first phase of the Romanian investment, the line is to be extended to neighbouring Moldova’s capital Chisinau. Romania is reportedly planning to purchase the technology and the trains from Chinese companies.
Under the plan, the feasibility study for the designed project is to be completed by 2015.
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