Rail Baltica will serve as an important catalyst of continued economic development of the Baltic States – both, in the construction phase, for example, by creating hundreds of new jobs and contributing to the region’s GDP through various direct, indirect and induced effects from infrastructure investments, as well as in the operational phase, for example, by enhancing Baltic market accessibility and trade competitiveness, boosting foreign investment attractiveness and fostering sustained productivity gains and increased competitiveness of the Baltic transport and logistics industry and beyond. Historically, availability of modern infrastructure has always been among the key determinants of the wealth and competitiveness of nations. High-speed* rail infrastructure is particularly prominent in this regard, boasting some of the highest levels of secondary economic benefits and macroeconomic multipliers among the different types of infrastructure investment.
*Rail Baltica is being implemented as a new fast conventional, double-track, European standard gauge (1435mm), electrified and ERTMS-equipped railway line with a design speed of 240km/h.