Germany: Deutsche Bahn wants billions to modernize railways

Only in a few countries in the world is the high-speed network longer than in this country. However, it is used more often by the inhabitants elsewhere. Deutsche Bahn has to struggle with its reputation. An ambitious goal of politics will be difficult to achieve.

The railway would like to have a big cake off the infrastructure package of the future black and red government: 150 billion euros is needed for its modernization, according to the railway manager.

Germany: Deutsche Bahn wants billions to modernize railways

Germany's next ruling coalition is eyeing huge investments in the country's aging infrastructure. Deutsche Bahn, the country's notoriously unreliable rail operator, says it needs €150 billion to improve the rail network.

A significant part of the railway infrastructure in Germany would have to be replaced urgently, according to the company's own analysis. In addition, the rail network is to be expanded. According to its boss, the railway needs gigantic sums.

A few weeks ago, the SPD, the Greens and the Union in the old Bundestag had a debt-financed infrastructure program of 500 billion euros ... The post Sondermögen Infrastructure: The railway alone is demanding 150 billion euros from the federal government appeared first on Apollo News.

According to CEO Richard Lutz, Deutsche Bahn needs around €150 billion to modernize its dilapidated infrastructure. In light of the planned infrastructure package of the future coalition government, Lutz told the news portal T-Online that this represents the "additional financing requirement." "We need at least €80 billion of this for the existing network," Lutz said, "from the general renovation of high-performance corridors and the repair of m…