Sunday 26 September 2010

DSB set for privatisation?

This from the Copenhagen Post..

Funds raised from sale to be used for electric trains in Jutland

The government is in talks to privatise the public transport unit DSB, according to Berlingske Tidende newspaper.

According to the report, the transport firm will be privatised as of 2022, and the government intends to use 5-10 billion kroner of the proceeds to introduce electric trains to mid Jutland, where they currently use diesel trains for main line services.

This is not the first time the government has tried to privatise DSB, but it believes it will have more luck this time, given its intention to spend the proceeds on the country’s rail infrastructure. It stressed that the private rail operators would have to live up to a number of strict criteria, including good punctuality, and that it would make its decisions according to the competition principle, awarding tenders to those that promise the best service at the cheapest price.

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