EIB, Czech Railways to work on PPP development

The European Investment Bank (EIB) and Správa železnic (SŽ), the national railway administration of the Czech Republic, have agreed to work on developing PPP schemes.

The EIB will support SŽ in the development of a methodology and tools for assessing the suitability of PPP projects that will help to deliver new rail infrastructure across the country.

It will also work with SŽ  to help it develop its own capabilities for identifying and preparing future rail PPPs in the country.

“Once completed, this methodology will be generally applied for analysing the suitability of individual public-private partnership models for the Czech railway administration’s projects,” said  Mojmír Nejezchleb, deputy director general for rail modernisation at SŽ. 

“We will be able to use it frequently in the coming years when seeking the optimal public-private partnership method for individual construction projects. Subsequently, partnerships should be established for specific projects identified as eligible for financing using the public-private partnership model.”