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Silk Road Hub in Vienna Will Create Up to 140,000 New Jobs

Dec. 22, 2017 -The connection of the Austrian capital via a broad-gauge rail track with the Slovakian city Kosice, and the construction of large freight logistics facilities at Parndorf, near Vienna, will create up to 140,000 new permanent jobs, transport experts working for the implementation of the project are forecasting. The project is named as a priority in the national infrastructure development plan of the new Austrian government. Once completed, the Parndorf freight terminal will handle 54 container freight trains from China weekly. Now: Will the EU give its member Austria financial support, or will the Austrians have to rely on China–as do numerous countries in Eastern and Southeastern Europe, with their own infrastructure projects?

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