EU funds tunnel between Denmark and Germany 28/05/19

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Source: https://www.railfreight.com/railfreight/2019/05/28/eu-funds-tunnel-between-denmark-and-germany/

EU funds tunnel between Denmark and Germany

The European Investment Bank (EIB) is to inject 200 million Euros in the Fehmarn Belt tunnel project. This project is to see a new, modernised tunnel between Denmark and Germany allowing for faster transit times. The loan agreement was signed with A/S Femern Landanlaeg, the company managing the Danish contribution to the construction.

The project concerns some 80 km of railway between Ringsted and Nykøbing Falster, where the existing tracks will be modernised and a second track will be built. The financing also covers bridge works on the 40 km stretch between Nykøbing Falster and Rødby, which serve to prepare the Danish rail network for the Fehmarn Belt tunnel opening.
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On a technical level, the project foresees modernisation and renewal of existing railway tracks, electrification as well as the deployment of ERTMS (European Railway Traffic Management System). Combined with the newly constructed tracks, this will allow for speed increases on the section, allowing high-speed trains to complete the Hamburg Copenhagen stretch in under 3 hours, once the tunnel will be operational.

Sund & Bælt Holding A/S will use the funds to prepare the first phase of the Danish rail network for the Fehmarn Belt tunnel, which will open in 2028. “The Fehmarn Belt tunnel between Denmark and Germany is a key project to bring Europeans closer. The combination of a EUR 123.5 million grant from the Connecting Europe Facility (CEF) with the EIB’s loan will allow decisive progress on the Danish access route, mobilising an overall investment of more than EUR 500 million in the EU economy,” added Violeta Bulc, EU Commissioner for Transport.

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