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

  • Success of London's Olympic public transport systems
    December 4, 2012
    The Olympic flame has moved on, allowing review of the relative degrees of London’s 2012 transportation success, how it was done and with what lasting effects. Jon Masters reports. This magazine’s international position provides a good vantage point for assessing impressions left by London’s 2012 Olympic Games. On the whole, it has been only praise and congratulations heard since the closing ceremonies of the Olympic Games in August and the Paralympics in September. The events looked great and ran smoothly
    Read More
  • Access and Irdeto partner to protect in-car data and services
    January 22, 2019
    Security specialist Irdeto has teamed up with Access Co to develop protection for the increasing amount of personal data that is generated by Wi-Fi, Bluetooth and Vehicle to Everything (V2X) communication. As cars are increasingly turned into open environments due to advances in connectivity, the threat of data theft has risen. Niels Haverkorn, general manager of connected transport at Irdeto, says: “We are partnering with Access to create a complete and secure ecosystem, which means that V2X communicatio
    Read More
  • Plastic is fantastic for payment platform interoperability
    April 2, 2014
    The Sino Visitor Pass aims to promote trade between Singapore and China by making travel easier, as Jon Masters finds out. Singapore has notched up another first in transportation innovation with announcement of a dual-currency payment card in partnership with the province of Guangdong in China. From the middle of 2014, visitors to Singapore and Guangdong will be able to use a ‘Sino Visitor Pass’ to pay for use of public transportation among other things.
    Read More
  • Plastic is fantastic for payment platform interoperability
    April 2, 2014
    The Sino Visitor Pass aims to promote trade between Singapore and China by making travel easier, as Jon Masters finds out. Singapore has notched up another first in transportation innovation with announcement of a dual-currency payment card in partnership with the province of Guangdong in China. From the middle of 2014, visitors to Singapore and Guangdong will be able to use a ‘Sino Visitor Pass’ to pay for use of public transportation among other things.
    Read More

Highlighted Content