Around a quarter of all goods are to be transported by rail by 2030. According to an expert opinion, a lot of money is needed to implement this – especially for maintenance.
In order for around a quarter of all goods to be transported by rail as planned by 2030, a total investment of 52 billion euros is required, according to an expert report.
The freight railway industry could raise 13 billion euros of this itself, the rest would have to come from the federal government, according to the study carried out by the management consultancy Roland Berger on behalf of the Association of German Transport Companies (VDV).
Accordingly, it will need an additional 16 billion euros by 2030 just for the maintenance of the existing network, it says. 13.5 billion euros would also have to be invested in new routes. Another 9 billion euros would have to flow into the fleet.
For years, the share of rail in total freight traffic in Germany has stagnated at around 19 percent. The federal government wants to increase this proportion significantly. “The freight railways are ready to do their part,” said VDV Vice President Joachim Berends on Thursday. “But we urgently and quickly need the necessary legal framework and the security that the financing, especially for the necessary expansion of the rail infrastructure, is sufficiently and long-term secured.”
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
