RIGA, Feb 11 (LETA) - Latvia will be able to develop its tramline infrastructure with EUR 74.8 million available from the European Union's funds, LETA was told at the Central Finance and Contracting Agency of Latvia (CFCA).

CFCA has sent out letters to the municipal transport companies of Riga, Liepaja and Daugavpils calling on them to draw up project applications so they can receive the EU funding. The total EU co-funding earmarked for the development of tramline infrastructure is EUR 74.8 million.

According to the terms of the EU funding program, the allocations can be used to develop tramline networks, including extension or reconstruction of the existing lines, construction of new lines and purchases of rolling stock. 

Of the financing available from the EU Cohesion Fund, Daugavpils might receive EUR 23,179,500, Liepaja EUR 12,831,260 and Riga EUR 38,785,000.

The project applications have to be drawn up by April 12 and the projects have to be completed by the end of 2023.