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

  • US braces itself for congestion pain
    February 6, 2020
    Mary Scott Nabers, author of Inside the Infrastructure Revolution: A Roadmap for Building America, looks at how different US states are embracing the need for public transport investment
  • Uganda toll road secures funding
    February 27, 2017
    The European Union, International Finance Corporation, France’s AFD and African Development Bank have committed to funding of up to US$400 million for the US$1.1-billion project to construct the 77-kilometre tolled highway in Uganda, according to Engineering News-Record. The private sector will provide an additional US$300 million. The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Co
  • Australia invests $20m in e-bus trials
    December 1, 2020
    Victoria’s first e-bus has saved 61 tonnes of CO2 emissions
  • European ITS Congress emphasises ITS development and deployment
    January 26, 2012
    The 8th European ITS Congress is a key event for the industry. Hermann Meyer, CEO of Ertico-ITS Europe puts the event in context