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

  • July 24, 2012
    Init wins biggest order in group history
    In one of the largest telematics projects for public transport ever deployed in Germany, Init, a provider of ITS and electronic fare management for public transport, will be the general contractor in a project for a joint tendering group led by Rheinbahn Düsseldorf. For this project, Init will set up a Tetra trunked system and install a new intermodal transport control system (ITCS) for the group over the next four years.
    Read More
  • April 3, 2019
    EC and EIB establish CEF transport blending facility
    The European Commission (EC) and the European Investment Bank (EIB) are launching a CEF transport blending facility, a funding instrument to support projects contributing to environmental sustainability and transport efficiency. With an initial budget of €200 million from the EU budget, the CEF (Connecting Europe Facility) will finance investments in the European Railway Traffic Management System and alternative fuels infrastructure. It will utilise funds from the EIB, National Promotional Banks and the p
    Read More
  • May 11, 2020
    European Bank backs Tblisi metro modernisation
    A loan of €75 million will improve commuters’ journeys in Georgia’s capital
    Read More
  • March 27, 2012
    EIB to fund new tram lines in Nottingham with $157 million loan
    The European Investment Bank, the European Union’s long-term lending institution, has agreed to provide US$157 over 19 years to enable Nottingham City Council to expand the city’s light rail system with two new tram lines to the south and south west. The new lines will have services every seven minutes between 7am and 7pm and include 28 stops along 17.5kms of track. The project also includes 22 new low-floor trams for the line to link park and ride sites next to the M1 at Clifton and Toton Lane with the cit
    Read More

Highlighted Content