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

  • FIA welcomes adoption of eCall legislation
    April 29, 2015
    The European Parliament has voted to adopt the eCall type-approval legislation, mandating emergency call technology as a standard feature in all new vehicles from 2018. Federation Internationale de l’Automobile (FIA) Region I has welcomed the outcome, while also regretting the three-year delay in implementation. Thierry Willemarck, president of FIA Region I, said: “Road safety has triumphed today. eCall has finally passed through all the necessary steps and will become mandatory in 2018. However, I hope
    Read More
  • Moveble barriers improve workzone safety, reduce costs
    January 25, 2012
    Two phases of an arterial reconstruction project in Salt Lake City have provided a compelling cost-based argument for moveable barriers.
    Read More
  • Cellint measures speed and travel time without roadside infrastructure
    April 10, 2014
    Collecting speed and travel time data without using roadside infrastructure could offer new possibilities to cash-strapped road authorities. Streaming video may be useful for traffic controllers to monitor incidents and automatic number plate recognition may be required for enforcement, but neither are necessary for many ITS functions. For instance travel times, tailbacks, percentage of vehicles turning, origin and destination analysis can all be done using Bluetooth and/or WI-Fi sensors and without video o
    Read More
  • Alstom chooses GMV for AlUla Tramway
    June 24, 2025
    Light rail system is another part of Kingdom's Vision 2030 initiative
    Read More

Highlighted Content