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.

Related Content

  • World Bank funds Yemen highway project
    June 6, 2014
    The World Bank has announced a US$133.54 million grant to support the Government of Yemen’s ambitious plan to connect the northern and southern parts of the country with a 710 kilometre highway. The largest ever infrastructure project in Yemen’s history will play a vital role in the country’s transition by targeting the root causes of instability, such as lack of access to economic opportunities and poor national integration, and rebuilding the country’s social and economic base. “This is more than just
    Read More
  • Canada invests Can$15bn in transit 
    February 18, 2021
    Money will also support Canada’s net-zero 2050 climate goals, says PM Justin Trudeau
    Read More
  • EU releases funds for key TEN-T projects
    November 30, 2012
    The European Commission has launched two Calls for Proposals under the 2012 Trans-European Transport Network (TEN-T) multi-annual and annual programmes, making over US1.5 billion available to finance European transport infrastructure projects in all transport modes – air, rail, road, and maritime/inland waterways – plus logistics and intelligent transport systems, in all EU Member States. Commission Vice President Siim Kallas, responsible for transport, said: "In making this considerable amount of funding a
    Read More
  • Integration of travel payment and information closer to reality
    January 7, 2013
    Integration of travel payment and information is bringing utopia in management of transportation as a single intermodal system is closer to reality. Larry Yermack writes. For decades, transportation planners and ITS visionaries all believed that transportation would not be fully optimised until it could be managed as a single intermodal system. Relationships between modal operators left this more in the dream category than reality. However, the steady march of advances in payment technology have brought us
    Read More

Highlighted Content