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

  • Tech advances create MaaS without compromise
    August 29, 2019
    Advances in technology make it possible for authorities to compile and maintain MaaS platforms cheaply - and without relinquishing control to third parties. Colin Sowman finds out more… It is increasingly clear that local authorities’ reluctance to implement Mobility as a Service (MaaS) is based on politics and finance. However, the technology underpinning MaaS is evolving rapidly and is presenting new solutions. At its heart, the political resistance comes down to the divide between the ethos of public
    Read More
  • App informs drivers of delays during Long Beach bridge replacement
    June 6, 2014
    David Crawford previews a work zone travel breakthrough. In February 2014, the Port of Long Beach in California launched what it claims is a groundbreaking construction zone navigation aid - LB Bridge mobile app. The app is designed to help drivers during the Gerald Desmond Bridge replacement programme by keeping them up to date on activity and the ensuing traffic diversions when construction starts in summer 2014. The unusually content-rich app is designed to convey current project news (enlivened by phot
    Read More
  • EU mobility’s Covid escape route
    July 29, 2021
    European Union roads could be more resilient after the pandemic ends, thanks to the goal of creating a more integrated mobility network, says ERF’s José Diez
    Read More
  • Expert calls for high-tech traffic control
    November 29, 2012
    A leading Chinese transportation expert has called for China to develop smart traffic technologies that are more customer-oriented, while boosting greener, safer and more efficient modern transportation in the country. "China's ITS applications should shift their focus to provide more solutions for public transportation in the next decade, and the industry should get a new stimulus by responding to the needs of the market," said Wang Xiaojing, chief engineer at the Research Institute of Highway under the Mi
    Read More

Highlighted Content