CZECH Railways (CD) says the average age of its trains will fall from 30 to 15 years by 2015 after reaching an agreement with the national government for a rolling fleet renewal programme. CD will invest up to CKr 8 billion ($US 454.5 million) per year over the next seven years with the aim of replacing or refurbishing all locomotives, multiple units and coaches that are more than 40 years old. These vehicles currently account for more than half of CD's entire train fleet.
CZECH Railways (CD) says the average age of its trains will fall from 30 to 15 years by 2015 after reaching an agreement with the national government for a rolling fleet renewal programme. CD will invest up to CKr 8 billion ($US 454.5 million) per year over the next seven years with the aim of replacing or refurbishing all locomotives, multiple units and coaches that are more than 40 years old. These vehicles currently account for more than half of CD's entire train fleet.
CD plans to raise CKr 10 billion for new trains by 2015, and hopes to
receive CKr 4 billion from the European Union. A tender will be
launched for new trains in the second quarter of next year which CD
says will guarantee the winning bidder several years of production.