Belgium: New federal budget for rail freight from 2017 to 2020

03.12.2016

Belgium: New federal budget for rail freight from 2017 to 2020
L'Echo, 03 Dec 2016, online:-
The Belgian federal government has approved a budget of EUR 13.90mn (USD 15.61mn) for combined and diffuse rail freight transport in 2017, followed by EUR 13.533mn in 2018, EUR 13.318mn in 2019 and EUR 13.246mn in 2020. The four-year total is equal to EUR 54mn. The subsidy will go towards companies transporting goods by train. SNCB Logistics said that rail transport generates savings of EUR 300mn through the effect on traffic congestion, air pollution and CO2 emissions. This amount may be doubled in five years.
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