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

  • $20m for US transit in 'economic distress'
    January 11, 2023
    USDoT FTA offers grants to 'create new opportunities for those in poverty'
    Read More
  • Mexico City seeks solutions to improve air quality
    December 6, 2017
    David Crawford ponders prospects for one of the world’s most congested and polluted cities. In 1992, the United Nations named Mexico City as the world’s most polluted urban centre. In the first half of 2016, following the updating of pollution alert limits to meet international standards, Mexico recorded 115 days where ozone concentrations exceeded the acute exposure health limit.
    Read More
  • UK bus operator to deliver contactless bus travel by end of 2018
    October 25, 2016
    UK bus operator Stagecoach is to deliver contactless bus travel on all of its regional bus services across the UK by the end of 2018, allowing passengers to pay for travel with a contactless credit or debit card, as well as Apple Pay and Android Pay. It will be the first major deployment of contactless technology on Britain's buses outside London and will benefit customers from major urban areas to rural and island communities such as Norfolk in England, Orkney in Scotland and Brecon in Wales. Stageco
    Read More
  • EIB and European Commission present Cleaner Transport Facility
    December 2, 2016
    At a recent TTE council meeting, the European Investment Bank (EIB) and the European Commission present the Cleaner Transport Facility (CTF) initiative, aimed at financing the decarbonisation of the transport sector in Europe. The support for alternative fuels and cleaner technology in transport is aligned with European Union policies on climate action and sustainable transport and specifically the recently-adopted strategy of the European Commission on low-emission mobility. The CTF is a new umbrella in
    Read More

Highlighted Content