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

  • How public transit improves quality of life
    June 29, 2022
    There are various reasons why Mobility as a Service is catching on more in Europe than the US – but there are still other ways in which access to mobility can be improved across the states, finds Gordon Feller
  • Consortium to build Denver’s north metro rail line
    November 28, 2013
    A consortium including Graham, Stantec, Parsons Brinckerhoff, Balfour Beatty and Hamon Constructors (GBBH) has been awarded a US$343 million contract by Denver’s Regional Transportation District (RTD) to design and build the north metro rail line. The North Metro project, part of RTD’s sprawling FasTracks transit network, is a proposed 18.4 mile electrified commuter rail line that will connect Denver and Adams County by serving Commerce City, Northglenn and Thornton. Construction begins in 2014 and t
  • LA Metro seeks to attract more bus riders
    January 17, 2020
    Transport authorities in Los Angeles are trying to attract more people to bus services in a bid to halt falling ridership and entice drivers out of their cars.
  • Asecap Days 2024: Getting used to the new normal
    August 27, 2024
    Asecap Days 2024 in Milan focused on environmental protection of road infrastructure, digital twin-based maintenance and monitoring of highways as well as the impact of electric vehicles, reports David Arminas