Moldova will receive irrevocable financing in the amount of 12 million euros from the EU for the repair of the Valchinets-Killy-Unges-Kishin-Caeinar railway corridor, Moldipers reports.
members of the Parliamentary Commission on Economics, Budget and Finance approved the ratification of the Grant Agreement between the Republic of Moldova and the European Investment Bank Moldova Solidarity Lanes.
The document was also considered in the commission on foreign policy and European integration.
Thus, investments in the country’s railway infrastructure will have a positive impact on the business environment and citizens.
This will lead to an increase in the volume of goods transported by rail, since mass restrictions in these industries will be removed.
The number of passengers will increase, since trains will walk at a higher speed, and the travel time will be reduced. Grant Agreement should be ratified by parliament.