Rail Baltica main route construction in Latvia deemed 'unreasonably expensive'

The construction of the main Rail Baltica railway route in Latvia is proving to be "unreasonably expensive," according to Matīss Paegle, chairman of the board of RB Rail, the joint venture responsible for the project. Paegle stated that the contract signed by the Latvian side for building the railway's embankment significantly exceeds the costs incurred in the other Baltic nations.

RB Rail conducted a comparison of the costs for constructing the embankment of the railway's main route across Estonia, Latvia, and Lithuania. The findings revealed a substantial price difference, with Latvia's expenses being considerably higher than those in its neighboring countries. This revelation has sparked concerns regarding the project's financial planning and execution.

The Rail Baltica project aims to establish a high-speed railway connection linking the Baltic states with the rest of Europe. The project has faced various challenges, including funding, land acquisition, and environmental concerns, in addition to the escalating construction costs highlighted in Latvia.

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Latvia's contract for building the Rail Baltica main route is very expensive and significantly exceeds the costs of projects in other Baltic countries.