Abstract

The construction of railway infrastructure should be dealt with as a national strategic development programme, which — due to technical, geographical, logistical, and other requirements — is carried out through a number of projects and represents a complex multiple project operation for investors, contractors, and other influential players. The national strategic development programme for the construction of railway infrastructure is connected — through programmes in the neighbouring countries and EU member states — to Trans-European networks (TEN) that strategically regulate the construction within the community. In the Republic of Slovenia, the construction of railway infrastructure within TEN programmes is carried out on the pan-European traffic Corridors V and X within individual projects for the construction of sections and a number of supporting projects. The technical requirements, deadlines, and other TEN requirements as well as national strategic requirements and financial possibilities of the state represent the basic criteria that should be taken into consideration in setting up a strategic project plan, with optimal project classification achieved through the implementation project portfolio. The current paper has utilised the method of multiple-criteria decision analysis to prepare the portfolio, taking into account the macroeconomic and infrastructural criteria. Consequently, the results represent the basis for the preparation of an optimal financial plan with regard to financing possibilities of the Republic of Slovenia and the European Union. The paper also summarises the research results regarding the formation of the project implementation process of the TEN-T network construction in the Republic of Slovenia. KEY WORDS: national strategic development, railway infrastructure construction, railway Corridors V and X, project portfolio, multiple-criteria decision analysis, Republic of Slovenia

Highlights

  • The construction of railway infrastructure (RI) is a multiple project process as it includes a number of projects or project programmes that should be carried out in accordance with the strategies to develop traffic networks in the EU member country that plans and implements the construction, and with those in the neighbouring countries and of the entire transportation system in the wider area — e.g., the Trans-European network (TEN) — as well as TEN in the Trans-European traffic network (TEN-T) and the Pan-European traffic Corridors [1]

  • Obligations regarding planning projects for the construction of traffic corridors, new EU member states are facing problems related to national priorities for the construction of traffic systems TEN-T deadlines

  • Other needed resources for the construction can be assured. This means that the plan of projects including the construction of the railway infrastructure with the emphasis on Corridors V and X, TEN-T should be optimal with regard to the foreseen financial possibilities, the EU requirements, and the national strategic development orientations of the entire traffic system of the country

Read more

Summary

INTRODUCTION

The construction of railway infrastructure (RI) is a multiple project process as it includes a number of projects or project programmes that should be carried out in accordance with the strategies to develop traffic networks in the EU member country that plans and implements the construction, and with those in the neighbouring countries and of the entire transportation system in the wider area — e.g., the Trans-European network (TEN) — as well as TEN in the Trans-European traffic network (TEN-T) and the Pan-European traffic Corridors [1]. TEN-T sets the guidelines for the building of a network of road and rail links, combined transportation, waterways, and airports

EU strategic goals for establishing Trans-European transport network
Pan-European Corridors V and X
PROJECT IMPLEMENTATION OF RI CONSTRUCTION STRATEGY
Pan-European traffic Corridor V and X projects
Project identification
Project prioritisation
Sensitivity analysis
Implementation of the project portfolio for corridor construction
Findings
CONCLUSION
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.