The European Investment Bank (EIB) has signed the advisory agreement with the Czech Railways in order to extend its ongoing support for the modernization of Czech national railways and provide advisory assistance to Správa železnic, s.o (SŽ). SZ is the national railway administration of the Czech Republic. The EIB will support SŽ in the development of a methodology and tools for assessing the suitability of public-private partnerships for delivering rail infrastructure projects in the country.

The EIB will also help SŽ to develop its own capabilities for identifying and preparing PPP projects in the railway sector and to put the skills gained into practice. Under the agreement, the EIB and Správa železnic will be examining the most effective financing structures for enabling private sector participation in the development of the railways, such as joint ventures, to foster rail construction or modernization.