Greece and North Macedonia Collaborate On High Speed Railway To Spur Regional Growth and Boost Tourism

Published on September 25, 2025

In a significant move towards enhancing regional infrastructure, Greece and North Macedonia have reaffirmed their commitment to developing a high-speed railway along Corridor 10. This strategic project aims to improve transport efficiency, foster economic growth, and bolster tourism between the two nations.The meeting between the Deputy Prime Ministers of the two countries underscored the importance of efficient regional connectivity as a catalyst for accelerated economic development.

The high-speed railway is envisioned to facilitate smoother trade, increase exchanges, and provide a rapid connection between Greek ports and Central European markets.The high-speed railway along Corridor 10 will significantly enhance regional connectivity, making travel between Greece and North Macedonia faster and more convenient. By reducing travel time, it will increase the movement of goods and people, benefiting both economies. The improved infrastructure is also expected to encourage foreign investments and support local businesses by providing easier access to markets. Additionally, the project could stimulate cross-border collaboration in various sectors, from trade to cultural exchange, further strengthening the economic and social ties between the two countries

Strategic Importance of Corridor 10

Corridor 10 is a key pan-European transport route connecting Central Europe to the Aegean Sea. The proposed high-speed railway along this corridor is expected to significantly reduce travel time, enhancing the flow of goods and people. This development aligns with the broader European Union strategy to improve infrastructure connectivity across the Western Balkans.

The railway will not only shorten the journey between but also provide a more sustainable transport alternative, reducing reliance on road and air travel. By improving transport efficiency, it will lower transportation costs and contribute to the overall competitiveness of both Greece and North Macedonia. The railway will also serve as a catalyst for regional development, attracting investment in areas like logistics, tourism, and real estate. Ultimately, this infrastructure improvement will foster stronger economic integration and enhance the attractiveness of the Western Balkans as a key European hub.

Economic and Tourism Implications

The implementation of the high-speed railway is anticipated to have profound economic implications. By improving transport links, the project is expected to stimulate trade, attract investments, and create job opportunities in both countries. Additionally, enhanced connectivity is likely to boost tourism, as easier access to key destinations can attract more visitors, benefiting local economies and promoting cultural exchange. It will provide significant environmental benefits by promoting cleaner, more energy-efficient transportation. With a reduction in travel times and lower carbon emissions compared to traditional transport modes, it aligns with sustainability goals.

Furthermore, the railway will likely foster regional cooperation, as both countries work together to manage and maintain the infrastructure. This collaboration could lead to shared innovations in transport technologies, further enhancing the long-term viability and success of the project. In the broader context, it will contribute to the European Union’s vision of a more interconnected and resilient transport network across the region.

Investment and Implementation Plans

North Macedonia has approached several international financial institutions, including the World Bank and the European Investment Bank, seeking approximately €1.9 billion in funding for the railway project. The government plans to allocate part of the funds from previously earmarked projects to this high-speed railway initiative. The project is expected to cover about 200 kilometers of railway infrastructure, with construction costs estimated at €8.8 million per kilometer.

Future Prospects

Both governments have expressed strong determination to continue cooperation on regional infrastructure projects. The successful implementation of the high-speed railway along Corridor 10 is seen as a step towards greater integration and development in the region. As plans progress, stakeholders remain optimistic about the positive impacts on trade, tourism, and overall economic growth.