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Bucharest
September 30, 2022
BUSINESS

MTI proposes closing down 1,500 km of railway, managed by CFR

The Ministry of Transports and Infrastructure (MTI) proposes closing down 1,474 km of surplus railway infrastructure, and the amounts resulting from its dismantling are to be allotted by the Romanian Railway Company (CFR SA) to network maintenance, Mediafax reports. According to a bill for a Government resolution, it is vital to close down some portions of the railway infrastructure, in the state’s public patrimony, managed by the Ministry of Transports and Infrastructure and leased to CFR and/or CFR’s private patrimony, whose operation is no longer justified, on technical and commercial grounds. Following negotiations with the IMF, the Government committed to close down 20 pc of the railways in the administration of CFR SA, the equivalent of approx. 4,000 km, unless the state finds, in a public bid, an investor willing to support their maintenance.

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