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

  • Sustainable mobility: innovative solutions needed to reduce traffic emissions
    May 1, 2021
    Kapsch TrafficCom’s Mobility Report 2021 reveals how new ITS measures such as vehicle connectivity and AI-based data processing can help create joined-up traffic management
    Read More
  • Smartphone solution for parking performance
    March 31, 2017
    Automated parking offers optimised space utilisation and fewer damage complaints as David Crawford discovers. As cars become smarter, technology designed to make parking them more straightforward is developing in parallel. In turn, it is becoming clear that the places where vehicles spend much of their time will need to respond – more comprehensively than by supporting established aids such as smartphone-based parking location and reservation, or payment for time used.
    Read More
  • Smartphone solution for parking performance
    March 31, 2017
    Automated parking offers optimised space utilisation and fewer damage complaints as David Crawford discovers. As cars become smarter, technology designed to make parking them more straightforward is developing in parallel. In turn, it is becoming clear that the places where vehicles spend much of their time will need to respond – more comprehensively than by supporting established aids such as smartphone-based parking location and reservation, or payment for time used.
    Read More
  • ARTBA proposes path to breaking gridlock on transportation funding
    March 13, 2015
    The American Road & Transportation Builders Association (ARTBA) has outlined a detailed proposal it believes could end the political impasse over how to fund future federal investments in state highway, bridge and transit capital projects. The ‘Getting beyond gridlock’ plan would marry a 15 cents-per-gallon increase in the federal gas and diesel motor fuels tax with a 100 per cent offsetting federal tax rebate for middle and lower income Americans for six years. The plan, ARTBA says, would fund a US$401 bil
    Read More

Highlighted Content