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

  • ACE report: private sector and user-pay for English roads
    May 16, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report - and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas. Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently-published report Funding Roads for the Future. The 25-page document by the London-based Association for Consultancy and Engineering (ACE) calls for a radical rethink about how to
  • Mexico’s Durango-Mazatlan highway sets tunnel safety standard
    September 14, 2016
    Mauro Nogarin looks at the management of the longer tunnels on Mexico’s Durango-Mazatlan highway. In recent years the National Infrastructure Fund of Mexico has increased investment in the installation of ITS systems on selected highways to increase road safety. One such major investment is the 230km long Durango-Mazatlan highway which is 12m in width and has an average speed of 110km/h.
  • Treepz expands presence in East Africa 
    December 6, 2021
    Canadian mobility firm aims to build largest shared mobility platform in sub-Saharan Africa
  • Los Angeles Express Lanes links multiple modes of transportation
    January 25, 2012
    The Big Apple's loss is the City of Angels's gain, according to Ken Philmus