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This check will look at whether the project is possible and if it's on time. They will also look closely at how contracts for buying things and building are managed to make sure the money is used wisely.
Mārtiņš Āboliņš, a member of the State Audit Office Council, said Rail Baltica is one of the most important infrastructure projects in the Baltic region. At that, he added that there are still big challenges with the cost, the schedule, and how it's being managed.
"Because of this, in our third joint audit with Estonia and Lithuania, we want to get an independent look at whether the project is moving toward its goals in a good way and for the public good, and whether the problems found before are being fixed," Āboliņš said.
They will look at how the first part of the project is being funded, as well as how issues found in earlier joint audits from 2019 and 2024 have been dealt with.
The audit will include RB Rail, the joint company building the European gauge railway line in the Baltic states, plus the transport and finance ministries of the three countries, and their railway operators.
The audit will cover the time from 2022 to mid-2026, and the findings are expected to come out in early 2027.
source: ft.com
Mārtiņš Āboliņš, a member of the State Audit Office Council, said Rail Baltica is one of the most important infrastructure projects in the Baltic region. At that, he added that there are still big challenges with the cost, the schedule, and how it's being managed.
"Because of this, in our third joint audit with Estonia and Lithuania, we want to get an independent look at whether the project is moving toward its goals in a good way and for the public good, and whether the problems found before are being fixed," Āboliņš said.
They will look at how the first part of the project is being funded, as well as how issues found in earlier joint audits from 2019 and 2024 have been dealt with.
The audit will include RB Rail, the joint company building the European gauge railway line in the Baltic states, plus the transport and finance ministries of the three countries, and their railway operators.
The audit will cover the time from 2022 to mid-2026, and the findings are expected to come out in early 2027.
source: ft.com
