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Report: Cross-country high-speed rail track profitable

Published måndag 3 mars 2014 kl 15.56
The train bound for Gothenburg ready to leave from Stockholm central station. The new proposed project would be financed in part by considerably higher fees for rail operators to use the railway networks but also in part by local governments and regions.. Photo: Pontus Lundahl/TT

Sweden should invest in new high-speed rail tracks between Stockholm and Gothenburg, and Stockholm and Malmö, according to a government-commissioned report by the Transport Administration.

The project, in spite of its hefty price tag at between SEK 110-170 billion, would pay off and ultimately benefit the national economy, says the Transport Administration's Director General, Gunnar Malm.

"The largest socio-economic gain comes from shorter travel times. That's what really stands out in our calculations," Malm says.

The proposed project would be financed in part by considerably higher fees for rail operators to use the railway networks but also in part by local governments and regions.

The government will vote on a new national railway plan for the coming 10 years this spring.

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