 It includes a new high-speed line between Stuttgart and Ulm with a maximum speed of 250 km/h, parallel to the existing Stuttgart–Ulm line and an upgraded Ulm–Augsburg line with a design speed of up to 200 km/h.On 19 July 2007 it was announced by the Federal Government, the State of Baden-Württemberg and Deutsche Bahn AG that the project had been officially approved.The estimated cost of the whole project is € 4.088 billion, with funding to be provided by Deutsche Bahn (€ 1,469 million), Federal Government and the European Union (€ 1,229 million), Baden-Württemberg (€ 824 million), Stuttgart city (€ 239 million) Stuttgart region (€ 100 million) and the owners of Stuttgart Airport (€ 100 million).