European Commission announced on Friday that €193 million from the Cohesion Fund will be invested in the reconstruction and modernisation of the railway line between Székesfehérvár and Keszthely around Lake Balaton (123 km).
Commissioner for Regional Policy Corina Crețu said: “By enhancing transport infrastructure, this project will offer better services to thousands of travelers using the railway line every day. This will bring many advantages for the economy and tourism in the Balaton region – a concrete example of Cohesion Policy’s life-changing potential”.
The modernisation programme of the entire line from Budapest to Keszthely will take place in two stages. The current investment addresses the 53 km line between Szántód-Kőröshegy – Balatonszentgyörgy. As part of the project, 38 road and 124 pedestrian level crossings will be modernised, while 13 new pedestrian level crossings will be installed. The project is planned to be completed by April 2019.