Skip to main content

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

  • Satellite-based truck tolling provides Slovak solution
    August 12, 2015
    Slovakia opted for a satellite-based tolling system and following last year’s enlargement it now has the European Union’s largest truck user charging system.
  • Thailand expands transportation infrastructure
    March 11, 2013
    The Thai government is expanding its current transportation systems with plans for 55 transportation projects worth US$72 billion which are expected to be completed by 2020. Of the US$72 billion, 64 percent will be spent on 31 rail projects, 24 per cent on 13 road projects, 7 per cent for seven water transportation projects, and 4.75 per cent is for four air transportation projects. These projects are designed to make Thailand a crossroads for the ASEAN logistics network, enabling cities in the region to be
  • Cost Benefit: the economic case for cycling
    August 20, 2019
    Cycling is good for us for any number of reasons. David Crawford finds that it is now possible to access basic, low-cost data which will help make the economic case for improving infrastructure Cycling is enjoying a favourable press the world over as a ‘good thing’ in the economic, environmental and social spheres. A recent study on the Value of Cycling from the UK’s University of Birmingham, for example, shows that cycle-friendly urban settings can deliver annualised transport infrastructural support co
  • Study shows significant savings from combining bus and HOT lanes
    August 2, 2013
    David Crawford looks at some radical thinking that could see self-financing mass transit in Florida. Toll and transit agencies in the Tampa metro area on the west coast of the US State of Florida, have joined forces to put forward a pioneering combined bus and toll lane (BTL) scheme. The Tampa Hillsborough Expressway Authority is working in partnership with regional bus operator Hillsborough Area Regional Transit on the plans of which should be finalised this autumn. The Tampa Hillsborough Expressway Author