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

  • CityMobil2 selects first seven sites
    May 7, 2014
    The European project CityMobil2 has selected the first round of sites to run demonstrations and showcases of automated road transport systems, which are made up of vehicles operating without a driver in collective mode, under the control of a fleet and infrastructure supervision system.
    Read More
  • Robust growth for Sensys
    August 21, 2014
    Orders from the Swedish Transport Administration (STA -Trafikverket) have contributed to Sensys Traffic’s net sales in the second quarter of 2014, which rose by 127 per cent. This robust growth was primarily fuelled by speed measurement system deliveries to the Swedish automatic safety control (ATC) stations. The orders, for monitoring systems, roadside cabinets and spare parts for speed enforcement enabled the company to deliver an operating profit of US$970,000. The company’s gross margin for the quart
    Read More
  • Asking drivers what information they need: radical but effective
    March 19, 2014
    When Texas A&M Transportation Institute was asked to devise a temporary traveller information system for work zones, it started by asking drivers what they need. Robert Brydia explains the thinking, implementation and results. US Interstate 35 (I-35) runs roughly north–south originating in Laredo, Texas and ends 1,500 miles away in Duluth, Minnesota having passed through Oklahoma, Kansas, Missouri and Iowa. Within Texas the I-35 splits into I-35E and I-35W passing through Dallas and Fort Worth respectiv
    Read More
  • Integrating ferry transport into smart ticketing
    March 1, 2013
    Transport authorities are increasingly looking to integrate ferry travel into the mix of public transport. David Crawford finds out more. The new A$370m (US$398m) Opal public transport smartcard system being installed by the Cubic Transportation Systems (CTS)-led Pearl consortium in Sydney is geographically the largest in the world to date. The consortium includes the Commonwealth Bank of Australia; Australian retail payment system provider ePay; Australian infrastructure engineering company Downer Group; a
    Read More

Highlighted Content