Czech rail growth has been driven by sectoral reform, extensive EU investment and substantial improvement in the frequency and quality of trains. Over the last 17 years, Czech authorities have benefited from over 50 EIB JASPERS technical advisory assignments for the railway sector. JASPERS, which stands for Joint Assistance to Support Projects in European Regions, is a technical advisory programme funded by the EIB and the European Union.
In 2023, the Czech Republic took a major step to support the Green Deal when it signed its largest ever loan with the EIB, a €992 million deal to modernise and extend the rail network. The funding will significantly improve train travel and encourage a bigger shift to rail transport.
The investments will reduce travel times and eliminate bottlenecks on the TEN-T network, increase the safety of rail crossings, boost cyber security and make it easier for people with disabilities or families with children to use the trains.