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

  • Caltrans takes the long view of transport
    October 21, 2016
    Caltrans’ Malcolm Dougherty took time out of his schedule at ITS America 2016 in San Jose to talk to ITS International about current and future challenges. As director of California Department of Transportation (Caltrans) since mid-2012, many would say that Malcolm Dougherty has one of the best jobs in transportation. Caltrans is one of the most progressive and innovative transport authorities, implementing policies to encourage cycling, piloting new
  • Bon voyage from Flowbird as Clermont-Ferrand opens up
    March 20, 2023
    Open payment system in French university city has attracted 100,000 transactions so far
  • £143m for zero-emission buses in UK
    April 2, 2024
    Zebra programme funding will see new electric buses in towns, villages and cities in England
  • Paraguay’s ten-year road plan
    November 6, 2013
    Paraguay plans to carry out 33 priority road projects, totalling US$2.44 billion, with the aim of having 8,000 kilometres of the national road network paved in the next ten years, according to the public works and communications ministry (MOPC). The projects fall within MOPC's strategic road investment plan for 2013-18, which aims to improve internal connectivity as well as prioritise the development of roads that connect with neighbouring countries. In addition, MOPC aims to increase the involvement of