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Deutsche Bahn to spend €12.7 billion on infrastructure and digitalization
The German rail carrier says the money will go to overhauling rails, switches and stations, as well as digital control systems. DB says the work will generate thousands of new jobs.
Deutsche Bahn says increased digitalization has allowed it to improve construction site efficiency and thus punctuality
Germany s Deutsche Bahn (DB) announced Friday that it would spend €12.7 billion ($15.3 billion) on modernizing its rail network as well as some train stations. We re building a new rail network for Germany and we re laying the cornerstone for Deutschlandtakt [DB s new nationwide transportation plan], said DB Executive Infrastructure Director Ronald Pofalla.