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

  • Axis aids incident detection on French viaduct
    October 31, 2016
    France’s first AID system has halved attendance time on the Calix Viaduct. TheCentre for Traffic Engineering and Management (CIGT) at Caen in northern France manages 367km of the national network in the Manche/Calvados district including the 1.2km long, 15-span Calix Viaduct across the Canal de Caen à la Mer.
    Read More
  • Lyft app gets bike lanes to encourage safer cycling
    September 26, 2019
    Lyft is adding protected bike lanes and bike-friendly routes to its app to encourage more people to use two-wheeled transportation. The Verge reports that the protected bike lanes will appear as dark green lines in the app while bike-friendly routes that are less protected will be represented as dotted green lines. The feature is available for Lyft bikes and scooter-sharing services on iOS devices, with Android to follow soon. Lyft’s head of micromobility policy, Caroline Samponaro, says: “Each ride
    Read More
  • Low-carbon mobility, one village at a time
    July 15, 2024
    Shantha Bloemen of Mobility for Africa, winner of this year's Movmi Empower Women in Shared Mobility Award, talks to Beate Kubitz about creative and practical solutions for transportation in the world’s rural areas – and why investment is still needed
    Read More
  • Moovit: Gut feelings no match for data
    August 7, 2019
    Cities that bring in mobility services without data might be missing out on areas where demand is highest. Ben Spencer talks to Moovit’s Alon Shantzer about how the company is helping customers to pinpoint the right locations Launching mobility services without taking into account public transportation data can lead to chaos in cities. That’s the view of Alon Shantzer, vice president international sales at Moovit, the Mobility as a Service (MaaS) provider and transit app. “The data we have can define
    Read More

Highlighted Content