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Railway Reform: Toolkit for Improving Rail Sector Performance - ppiaf

Railway Reform: Toolkit for Improving Rail Sector Performance - ppiaf

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<strong><strong>Rail</strong>way</strong> <strong>Re<strong>for</strong>m</strong>: <strong>Toolkit</strong> <strong>for</strong> <strong>Improving</strong> <strong>Rail</strong> <strong>Sector</strong> Per<strong>for</strong>mance<br />

Case Study: Lithuanian <strong><strong>Rail</strong>way</strong>s<br />

6 Conclusion<br />

Lithuania is moving ahead with railway re<strong>for</strong>ms and significant improvements<br />

have been observed due to commercial management of the process. Since 2001,<br />

LG revenues have risen by 93 percent, freight modal share improved by 9.0 percentage<br />

points, investment in assets rose by 360 percent, and operational productivity<br />

has improved across the board. Lithuania <strong><strong>Rail</strong>way</strong>s’ current strategy focuses<br />

on improving infrastructure to enhance interoperability with EU railway networks.<br />

The EU Community Strategic Guidelines prioritizes “the most important<br />

infrastructures <strong>for</strong> international traffic, bearing in mind the general objectives of<br />

the cohesion of the continent of Europe, modal balance, interoperability and the<br />

reduction of bottlenecks.” 169 Thus, EU Cohesion Funds, Europe’s Regional Development<br />

Funds, and Structural Funds are the primary sources of funding <strong>for</strong><br />

transport infrastructure development in Lithuania.<br />

169 Ibid.<br />

The World Bank Page 370

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