The European Commission on Friday said it will invest 193 million euros from the Cohesion Fund in the reconstruction and modernisation of the 123 kilometre railway line between Székesfehérvár and Keszthely around Lake Balaton in western Hungary.
Corina Cretu, the EU commissioner for regional policies, said the modernisation of the entire line from Budapest to Keszthely will take place in two stages. As part of the project, 38 road and 124 pedestrian crossings will be modernised, while 13 new pedestrian crossings will be installed. The project is planned to be completed by April 2019.
“By enhancing transport infrastructure, this project will offer better services for thousands of travellers using the railway line every day. This will bring many advantages for the economy and tourism in the Balaton region,” the commissioner said.
The first stage of the reconstruction of the Budapest-Keszthely railway line, the 53km section between Szántód-Kőröshegy and Balatonszentgyörgy, has already been completed and was opened to traffic on June 14.
As we wrote on June, the Hungarian government will spend 4,000 billion forints (EUR 12.5bn) on developing public roads and railways by 2022 in order to strengthen Hungary’s position in logistics, read more HERE.