Europe must take decisive steps to simplify and modernise its rail systems to strengthen competitiveness, sustainability and sovereignty. That is the central message of the High-Level Paper on “A Future Policy-Based Public-Private Partnership for Rail”, officially adopted by the Governing Board of Europe’s Rail Joint Undertaking (EU-RAIL). The paper proposes a major co-investment strategy between the public and private sector to make rail systems more agile, resilient and competitive across the EU, calling for EUR 18 billion between 2028 and 2034 – with EUR 3 billion for research and innovation, plus EUR 15 billion for pre-deployment of harmonised technologies and system-wide implementation.
Read here the full High-Level Paper on ‘A future policy based public private partnership for rail’.