Rail Baltica has named two teams as preferred bidders for two Estonian sections of the line, which will be a high-speed corridor connecting Estonia, Latvia and Lithuania to Poland and the European rail network.
The first successful consortium is made up of two subsidiaries of Finnish civil engineer GRK, Estonian contractor Merko Ehitus, French engineer NGE Contracting, and Swedish consulting engineer Sweco. The second team comprises French contractor Bouygues Travaux Public, Budimex – the Polish subsidiary of Spanish contractor Ferrovial – French consulting engineer Ingerop, Estonian civils company KMG Infra, and the Finnish arm of Canada’s WSP.
The first consortium will build the section between the port city of Pärnu and the Ülemiste suburb of Tallinn. The value of this contract is EUR 394 million (US$ 429.4 million). The second contract covers the section between Ikla, on the Latvian border, and Pärnu. This is priced at EUR 332 million (US$ 362 million). The overall project was due to be completed by the end of 2030 at a cost presently estimated to be EUR 15.3 billion (US$ 16.6 billion).
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Read moreThe European Union's Connecting Europe Facility (CEF) has signed two agreements worth EUR 1.4 billion (USD 1.475 billion) to speed up the completion of the Rail Baltica project. Of this amount, EUR...
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