EU to invest $184,823 in Belarusian Railways
19/01/2015
According to CISTran Finance Reports The European Union (EU) will invest $184,823 in Belarusian Railways, which connects Vilnius, Lithuania, with Minsk, Belarus, the railway said Wednesday.
The funding will be used to install Global System for Mobile Communication-Railway (GSM-R) terminals — wireless receivers — into 34 locomotives. The communication system gives officials and dispatchers uninterrupted access to trains.
In 2013, Belarusian-Lithuanian railways and the Ministry of Transport and Communications of Lithuania signed an agreement to enhance communication capabilities and to speed up the time it took to travel between the two cities.
Equipment to utilize the GSM-R system will be manufactured by AGAT SYSTEM, a Belarus company.
Between 2007 and 2013, the European Union provided technical support for the project, improving communication and transit lines between Belarus and Lithuania, as part of the cross-border cooperation program between the two nations and Latvia.
Useful links:
http://cistranfinance.com/news/eu-to-invest-184823-in-belarusian-railways/5954/
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