Europe’s Rail Joint Undertaking has published a draft high-level draft document outlining a proposed future for rail public-private partnership in Europe. The document represents initial reflections from the Founding Members of the Joint Undertaking on building upon the current rail research initiatives.
The high-level draft document focuses on the mission of simplifying the European rail system and achieving a Single European Rail Area (SERA), that supports EU strategic objectives for sustainability, economic growth, and territorial cohesion.
The document outlines estimated investments of €3 billion for R&I activities and approximately €15 billion for pre-deployment initiatives.
Note: This draft vision represents initial reflections and is subject to further development and consultation.