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20.04
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Impact LevelMedium
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Scope LevelNational
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Last Update2025-08-16
Key Impacts
Positive Impacts (10)
Event Overview
This event signifies the intersection of international financial expertise and national infrastructure development through public-private partnerships. Advisory collaborations between multilateral banks and national authorities can influence project structuring, risk assessment, and technical standards, especially in major transport initiatives. Such partnerships often reflect broader trends in cross-border connectivity, strategic regional integration, and the evolution of how large public works are financed and managed.
Collect Records
European Investment Bank to Advise Czech Republic on Major High-Speed Rail Projects
The European Investment Bank (EIB) will advise the Czech Republic's national railway infrastructure manager, Správa železnic, on the preparation and procurement of three major railway infrastructure projects as public-private partnerships (PPPs). These projects are priority domestic rail investments that form part of wider international corridors linking Germany, the Czech Republic, Poland, Austria, and Slovakia. The advisory assignment will last 27 months and provide technical assistance covering risk allocation, output-based performance specifications, tender documentation, contract structuring, and monitoring of PPP concession contracts.
The agreement supports the Czech Government's broader strategy to develop a high-speed rail network aligned with EU Regulation 2024/1679 on the Trans-European Transport Network (TEN-T) and the national Rapid Rail Services Development Programme approved in 2018. The initiative is also supported by the Connecting Europe Facility (CEF) through funding for feasibility studies and project preparation.
The EIB's advisory support will focus on three strategic rail corridors: a €2.2 billion upgrade investment from the centre of Prague to the city of Kladno with a new branch to Vaclav Havel Airport (the PPP covering a €1.1 billion section from Prague Veleslavín to the airport); investments in a new €7 billion, 150 km TEN-T High-Speed Moravian corridor between Brno and Ostrava (the PPP covering the 50 km Brno-Nezamyslice section and the 74 km new high-speed line of 320 km/h between Přerov and Ostrava plus 17 km of connector lines). The total investment for these high-speed rail corridors is expected to exceed €20 billion.
EIB Vice-President Kyriacos Kakouris stated, "The EIB has vast experience in a wide range of public-private partnerships, and we will put it in practice to support the authorities in the Czech Republic to deliver complex PPPs and accelerate the shift to greener, more efficient transport." The supported investments are expected to enhance rail travel in the Czech Republic, free up capacity on conventional lines for strategic freight transport, and integrate the network more closely with European corridors.