EIB is evaluating a EUR 68 million loan for Lithuanian Railways. The project, with a total value of EUR 430 million, consists of several railway infrastructure upgrading and renewal schemes throughout Lithuania.
The project components are located on the TEN-T rail network (Regulation 1315/2013). It will increase the quality of rail services provided in Lithuania as well as promote travel by rail and will, thereby, enhance sustainable transport in line with EU objectives.
The project is located in a convergence region, and thereby will improve accessibility and potentially facilitate regional development.