The preparation of the feasibility study of Budapest-Bratislava-Ostrava-Warsaw high-speed railway line is underway. The project is part of a connection strategy unveiled by the four Visegrád countries – Czechia, Hungary, Poland and Slovakia.
For this project, the Visegrád Group is counting on the participation of the European Investment Bank in the project’s financing.
In March 2019, the EIB announced that the European Investment Advisory Hub (EIAH) is working on the development of the Visegrad Advisory and Investment Platform, designed to attract investment in V4 countries for capital projects including the high-speed rail link between the V4 capitals.
After a meeting with EIB Vice-President, Vazil Hudák, the Hungarian Ministry of Foreign Affairs and Trade, Péter Szijjártó, declared that “the countries of the V4 are preparing for one of the largest investments in the history of the Visegrád Group with the construction of the Budapest-Bratislava-Ostrava-Warsaw high-speed railway line.”
In January, the V4 experts met in Bratislava to discuss the possibilities of the development of the high-speed rail connection in Central Europe. The experts dealt with operational and technical issues necessary for a successful planning of the project. It was the first meeting of the Working Group established during the V4 Ministerial Meeting on high speed rail, which took place on 30 September – 1 October in High Tatras under the Slovak V4 Presidency.