Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
Presenting a study on community transport between Hungary and Austria, Magyar said good relations between Hungary and Burgenland near the border would grease the wheels of support for the developments.
Governor of Burgenland Hans Niessl told the conference that relaying tracks between Oberwart (Felsőőr) and Szombathely stations would cost 130 million euros, of which Austria would cover 89 million and Hungary 30 million.
The Sopron-Ebenfurth railway upgrade would cost 43 million euros, with Austria and Hungary sharing 33 to 10 million.
He said Austria could win up to 40% support for the plans under the European Union’s current funding cycle while Hungary could have as much as 80% supported.
The developments would create some 2,200 jobs near the border as well as bringing other economic advantages to the region, Niessl said.
Source www.hungarymatters.hu
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