Extension of Trans-Siberian railway to Vienna to cost 6.5bn euros, create 127,000 jobs
Construction will cost 6.5 billion euros, the Austrian Ministry of Transport said in its business case on the Kosice - Vienna wide gauge railway.
"Austria is a logical destination of the Trans-Siberian railway. The Trans-Siberian railway will get a connection to the European rail network, shipping and Vienna airport with us," Austria’s Minister of Transport Jorg Leichtfried said within the presentation framework.
Construction may technically start in 2023 and the segment will be managed to be commissioned in 2023 then, the minister said. "I want to make Austria the logistical connecting link of Europe," Leichtfried said.
The decision to build a 400-km long line from Kosice to Vienna should be made without delay, he added.
Extension of the wide gauge line with construction of a railway terminal can give a major impetus to the Austrian economy, the business case said. The project will make possible to annually run about 20,000 trains.
Total costs of railway extension and dry dock construction will be nearly 6.5 billion euros. Construction will also make possible to create 127,000 jobs. ■