The Baltic prime ministers will meet again in March to look for management options for the joint Rail Baltica project facing delays and management issues.
The 870-kilometre railway that will conenct Estonia, Latvia, Lithuania and Poland is expected to be completed by 2026, but has recently encountered delays and risks of budget overruns. The progress of the Rail Baltica project was one of the key issues during the summit of Baltic PMs in Tallinn on Friday, according to Lithuanian Deputy Government Chancellor Deividas Matulionis. Read more: Rail Baltic audit reveals risks of budget overruns, delays
Lithuanian Prime Minister Saulius Skvernelis and his Estonian and Latvian counterparts, Jüri Ratas and Krišjānis Kariņš, voiced concern about delays in the project’s implementation and underlined the need to ensure its full financing, according to the official.
“Management is not an end in itself. [The aim is] to carry out the project as quickly as possible,” he said.
The European Commission, Latvia and Estonia would like more centralisation within the Baltic join venture that coordinates the project.
Lithuanian officials are in favour of the current model and say additional safeguards would have to be implemented to ensure that taxes on the work done in each countries stay within the borders. Read more: Rail Baltica to halve travel time between Vilnius and Kaunas.