FROM EIR DAILY ALERTHungary Wants To Become Hub for Rail Freight from Russia and ChinaNov. 8, 2018 (EIRNS)—The following is part of an article by Majorie van Leijen which appears in full on the website RailFreight.com. While Slovakia is gaining momentum on the New Silk Road, Hungary still has work to do before it can reap the benefits of its geographic location. The relevant infrastructure is limited to the area of greater Budapest, and the facilities are not up to date. Yet, Hungary is to be connected on two international lines that will reshuffle the cards, explained Gyuri Firbás, a logistics consultant to the government.
The Budapest-Belgrade rail line is a 336-kilometer rail line connecting the Hungarian and Serbian capital. It is to serve traffic flowing through the port of Piraeus, which was recently acquired by the Chinese company COSCO. The Chinese government plans to boost the port as a maritime gateway into Europe. Although many have seen the railway line as a solely Chinese project, Firbás stressed the benefits to Hungary.
A new railway line between Budapest and Malaszewicze in eastern Poland is to enable the Hungarians to tap into the growing traffic flow between China and Poland, Firbás explained.
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