📋 Tender Overview
Railway Administration signed a contract with the international financial corporation the World Bank Group on the provision of transaction counseling for the upcoming high-speed project in the section Brodek near Prerov-Ostrava-Svinov.
View Gallery (1) International Finance Corporation will cooperate with the Railway Administration to prepare and implement a selection procedure for public and private sector partnerships (PPP) for the construction of a high -speed rail network in the Czech Republic.
I am pleased that for the first PPP solution of high -speed railway infrastructure in the Czech Republic we have acquired such a renowned partner to ensure that the project is ready and implemented in accordance with the highest international standards says Jiri Svoboda CEO of Railway Administration.
The main task of IFC will be the provision of professional support especially in the elaboration of the tender documentation concession contracts and in the selection of the most suitable supplier of the construction. The Transaction Advisor will carry out railway management through the entire process of tender including the competition dialogue until the financial closure of the project.
IFC is the worlds largest development institution focused on the private sector. It operates in more than a hundred countries where it uses capital expertise and influence on the development of markets and opportunities.
PPP or Public-Private Partnership is a model of cooperation between the State and a private partner to implement extensive projects in the field of infrastructure and services to optimize the costs of solving. It connects the stability and guarantees of the public sector with know-how and the efficiency of the private sector.
About the well
High -speed lines (VR) represent a wider intention to connect cities and regions by a modern and efficient rail network with a maximum speed of up to 320 km/h. In addition to significant time savings they will also bring completely new economic and technological opportunities release the capacity of conventional lines and compared to car transport will reach up to 7 times less energy consumption and CO2 emissions.
