MA-RAILWAY RESTR & PRIV

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The main objective of the Railway Restructuring Project is to support the preparation and implementation of a restructuring program that will lead to an efficient commercially oriented railway operation. The project will also contribute to financing the railway's rehabilitation and modernization program. The main components of the project are: a) an investment program for the rehabilitation and modernization of rail infrastructure and equipment concentrating on track, traction facilities, signalling and telecommunication systems; b) studies and consulting services to prepare and implement the restructuring program and the reform of the railway pension system as well as support railway management system improvement; and c) a computer equipment acquisition program for management systems implementation.