€49.2 Million of €79.3 million investment will come from European Union.
Karavanke Rail Tunnel overhaul - The EU should contribute EUR 49.2 million to the EUR 79.3 million project from its 2014-2020 operative programme
https://english.sta.si/2832542/eu-funds-secured-for-modernisation-of-karavanke-tunnel
The Government Office for Development and European Cohesion Policy has approved co-funding of the security and technical upgrading of the the Karavanke railway tunnel from EU cohesion funds. The EU should contribute EUR 49.2 million to the EUR 79.3...
European funds of €49.2 million have been approved from the Cohesion Fund for the upgrade of the Karavanke railway tunnel. The rest of the € 79.3 million project is jointly financed by the Austria and Slovenia governments to improve safety and technical conditions in the Karavanke tunnel, enable higher traffic speeds.
Vlade Republike Slovenije za razvoj in evropsko kohezijsko politiko je izdala odločitev o finančni podpori Evropske Unije za projekt »Varnostno-tehnično nadgradnjo železniškega predora Karavanke«.
cover tunnel photo by: Matt Brown from London, England / CC BY
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https://seenews.com/news/slovenia-approves-793-mln-euro-karavanke-railway-tunnel-overhaul-project-721096
Slovenia approves 79.3 mln euro Karavanke railway tunnel overhaul project
seenews.comLJUBLJANA (Slovenia), November 17 (SeeNews) - Slovenia's government has approved a 79.3 million euro ($94.1 million) project for the overhaul