EIB funds modernisation of Dusseldorf’s public transport

The European Investment Bank (EIB) has granted Rheinbahn, the public transport authority in the Düsseldorf region of Germany a multi-million euro loan to become more efficient and environmentally friendly. Rheinbahn operates in an area of over 520 square kilometres, with more than a million people living within the Greater Düsseldorf area. The US$201.6 million loan will fund a four-year investment programme, including the purchase of 40 new trams and 87 new buses, measures to improve accessibility an
July 29, 2014 Read time: 1 min

The 4270 European Investment Bank (EIB) has granted 5843 Rheinbahn, the public transport authority in the Düsseldorf region of Germany a multi-million euro loan to become more efficient and environmentally friendly.

Rheinbahn operates in an area of over 520 square kilometres, with more than a million people living within the Greater Düsseldorf area.

The US$201.6 million loan will fund a four-year investment programme, including the purchase of 40 new trams and 87 new buses, measures to improve accessibility and systems to provide real-time information for public transport passengers and operators.

'The EIB loan will enable Rheinbahn to cope better with the ever-increasing demand for a means of transport that will have a minimal impact on the climate and at the same time facilitate travel for those living in the area,' said EIB vice-president Wilhelm Molterer.

For more information on companies in this article

Related Content

  • Haiti gets multimillion-dollar IDB grant to improve transport system
    November 25, 2013
    The Inter-American Development Bank (IDB) says it is providing US$50 million grant to help Haiti improve the efficiency and safety of its road transportation system and advance regional integration. The Washington-based financial institution said the overall objective of the programme is to make road transport in Haiti more efficient in order to foster economic activity, while facilitating regional and international integration and economic development. Specific objectives of the project include the reha
    Read More
  • Joint IBTTA and ITS conference focuses on environmental issues
    March 12, 2012
    In St Louis on 4-6 October, the IBTTA and ITS America will be co-sponsoring their first joint event, which is intended to address the burgeoning environmental issues affecting road transport infrastructures. Here, Steve Snider and Larry Yermack, the two chief meeting organisers, talk about the event and its aims
    Read More
  • Johns Hopkins takes on transport & climate research for USDoT
    March 10, 2023
    University chosen to lead new transportation centre focused on environmental solutions
    Read More
  • Councils in North East England receive funding to upgrade traffic management technology.
    October 27, 2017
    The UK Government has announced fund valued £3.64 million ($4.79 million) to upgrade the traffic management technology and improve journey times across the North East Combined Authority area (NECA). It will include upgrades to traffic signals on key regional routes with Automatic Number Plate Recognition Cameras, Variable Message Signs and integration with public transport data from Nexus. The Department of Transport paid £2.8 million ($3.6million) of the fund and the rest came from local authority contribu
    Read More

Highlighted Content