EU funding for French metro line

French investment firm Caisse des dépôts is to provide US$107 million of financing for the construction of line B of the Rennes metro. The European Investment Bank has already provided a loan of US$321 million for the project, which will contribute to the construction of a second metro line by 2019, linking the La Courrouze eco-district to the ViaSilva eco-suburb, along with the purchase of rolling stock, a new maintenance and sidings centre and three park-and-ride facilities. The construction of the
November 16, 2015 Read time: 1 min
French investment firm Caisse des dépôts is to provide US$107 million of financing for the construction of line B of the Rennes metro.

The European Investment Bank has already provided a loan of US$321 million for the project, which will contribute to the construction of a second metro line by 2019, linking the La Courrouze eco-district to the ViaSilva eco-suburb, along with the purchase of rolling stock, a new maintenance and sidings centre and three park-and-ride facilities.

The construction of the second metro line is currently one of the largest public works projects in France, involving a total investment of US$1.3 billion. Covering a distance of 13.8 km, it will serve 15 stations with expected passenger traffic of nearly 110 000 journeys a day.

Related Content

  • Thales brings metro expertise to Australia
    November 20, 2015
    Thales has been selected to provide the central control and communication systems for Sydney Metro Northwest, the first fully-automated metro rail system in Australia, which opens in the first half of 2019 with a train every four minutes in the peak. Thales will deliver both systems to the Northwest Rapid Transit consortium (NRT) as a key supplier to NRT’s systems joint venture. With an approximate value of US$5.5 billion, Sydney Metro Northwest is the first stage of Sydney Metro, which aims to deliver a
    Read More
  • Greek chorus welcomes contactless payment on Athens metro
    January 22, 2025
    Buses, trolleybuses, metro and trams join airport express in Tap2ride programme
    Read More
  • Strike action prompts commuters to try something different
    June 2, 2014
    David Crawford highlights responses to transit disruption on both sides of the Atlantic. Shortly before workers at San Francisco Bay Area Rapid Transit (BART) began a lengthy round of pay and conditions-related strikes in summer 2013, impacting on the daily lives of 400,000 communities, online ridesharing group Avego publicised a new web address: bartstrike.com. By the start of the following week, Avego was encouraging stranded commuters to download its smartphone app by offering them the chance in a raffle
    Read More
  • Clean diesel technology most cost-effective way to reduce emissions, officials told
    April 7, 2017
    The state environmental policymakers attending the Spring Meeting of the US Environmental Council of States (ECOS) have heard how states can achieve the most cost-effective and immediate air emission reductions by targeting the largest sources of oxides of nitrogen (NOx) emissions and replacing or upgrading those with the newest generation of clean diesel technology. Allen Schaeffer, executive director of the Diesel Technology Forum, highlighted the environmental benefits of new diesel technology dur
    Read More

Highlighted Content