European Investment bank funds first Tampere Tramline

The European Investment bank has provided a EUR 150m loan to the City of Tampere, Finland for the construction the first section of its tramline, connecting the city centre and eastbound suburbs, scheduled to open in 2021. The construction of the 15km long tramline is divided into two sections. Section 1 covers the construction of the route, linking the city centre, from Pyynikintori, with two branches:
October 2, 2017 Read time: 1 min

The 4270 European Investment bank has provided a EUR 150m loan to the City of Tampere, Finland for the construction the first section of its tramline, connecting the city centre and eastbound suburbs, scheduled to open in 2021.

The construction of the 15km long tramline is divided into two sections. Section 1 covers the construction of the route, linking the city centre, from Pyynikintori, with two branches: one serving Hervanta and Tampere University of Technology; and the second serving the eastbound suburb of Tampere University Hospital, which also includes the construction of a depot in Hervanta. Section 2 covers the line westbound from Pyynikintori to Lentävänniemi via Lielahti.

EIB Vice-President Alexander Stubb said: “The first tramway line will make everyday life and transportation easier in Tampere. It also will make the city greener and transform it into a more attractive and accessible place to live and work, making the whole region more competitive. This underpins the values the EIB stands for.”

For more information on companies in this article

Related Content

  • Applied Information’s app gets Marietta connected
    October 26, 2017
    Must the benefits of connected vehicle technology wait for a generation of new or retrofitted vehicles? The US city of Marietta is about to find out. Can connected vehicle functionality be delivered via a smartphone? Well, in Marietta, Georgia, they are about to answer that question. The city is testing a smartphone app which warns motorists of nearby cyclists and pedestrians, approaching first responders, wrong-way driving, entering active school zones and much more.
    Read More
  • Data helps Ohio DoT get grant money
    January 25, 2022
    Ohio Department of Transportation turned to StreetLight Data when it needed to finalise grant money for a key infrastructure link. David Crawford sees how metrics brought in the cash…
    Read More
  • Turning information into stories
    April 16, 2018
    IBTTA says its TollMiner tool can transform transportation planning. Here, the tolling organisation explains how it works – and what part it might play in Donald Trump’s infrastructure plan. Imagine being able to turn the black-and-white numbers in a spreadsheet into graphics and visualisations that tell a compelling story about essential transportation infrastructure. Having easy access to the solid, reliable data you need to plan surface transportation projects and assign project resources based on
    Read More
  • Singapore upgrading MRT for better reliability
    May 9, 2012
    Singapore’s MRT system is being upgraded to become more reliable, said Transport Minister Lui Tuck Yew during the ground-breaking for the East-West MRT line's Tuas West Extension. According to Lui, the Land Transport Authority (LTA) will cover the cost of infrastructure works and the systems which will cost some US$719 million. The upgrade work will include the establishment of a more robust system by train operator SMRT.
    Read More

Highlighted Content