The European Investment Bank (EIB), the bank of the European Union, will extend its ongoing support for the modernisation of Czech national railways and provide advisory assistance to Správa železnic, s.o (SŽ), the national railway administration of the Czech Republic. The EIB will support SŽ in the development of a methodology and tools for assessing the suitability of public-private partnerships for delivering rail infrastructure projects in the country. EIB and the Czech railways authority signed the advisory agreement in Prague on 24 March.