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

  • Romania gets EU funding for road infrastructure projects
    November 27, 2013
    Romania will receive EU financing worth US$4.06bn for road infrastructure projects between 2014 and 2020, according to the Minister for Infrastructure Projects, Dan Sova., Several road projects are currently being developed including the Sibiu-Brasov, Brasov-Bacau and Sibiu-Pitesti motorways, a segment of the Bucharest ring road and the Craiova-Calafat national road. Romania's national road rehabilitation projects total 4,300 kilometres, 1,532 kilometres of which are being upgraded with financing fr
    Read More
  • European public transport market expected to reach US$1.9 billion by 2016
    October 25, 2012
    According to a new research report from analysts Berg Insight, the European market for ITS systems for public transport is in a growth phase which will last for several years to come and by 2016 the market value for ITS systems deployed in public transport operations in Europe is expected to reach US1.9 billion by 2016. The report claims the fluctuating economic climate has in most countries had little effect on the market as the public investments which underpin a major part of the ITS initiatives have rem
    Read More
  • I-95 Corridor Coalition selects Inrix for real-time traffic information
    September 12, 2014
    Inrix has been selected by the I-95 Corridor Coalition as one of their preferred providers of real-time traffic information. The majority of member states in the I-95 Corridor Coalition are continuing to use Inrix XD traffic information to help them streamline daily operations, pinpoint investments and deliver better traveller services. The I-95 Corridor Coalition is an alliance of transportation agencies, toll authorities, and related organisations, including public safety, from the State of Maine to t
    Read More
  • Development of cooperative driving applications for work zones
    July 17, 2012
    The German AKTIV project is researching several cooperative driving applications for use in work zones. PTV's Michael Ortgiese details progress. The steep increases in traffic volumes predicted back in the early 1990s have unfortunately been proven to be more than accurate. In Germany, the AKTIV project continues to look into cooperative technologies' potential to reduce the impact of those increased traffic volumes and keep traffic moving despite limitations in infrastructure capacity.
    Read More

Highlighted Content