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

  • European single transport ticketing project reports latest results
    April 18, 2016
    The latest developments and results from the four pilot trials being run under the European R&D&i project, MobiWallet, led by Indra, will be presented today at the sixth European Transport Research Arena Conference in Warsaw, Poland. MobiWallet aims to improve transport in Europe by allowing the combined use of public and private transport, as well as additional services to make for better mobility and render transport smarter and more sustainable. In addition to offering integrated payments for all adde
    Read More
  • Intertraffic Mexico 2017 will emphasize tomorrow’s mobility challenges
    November 14, 2017
    Over 5,000 industry professionals are expected to attend the second edition of Intertraffic Mexico, held in Citibanamex from 15-17 November 2017. Exhibitors from 47 countries will showcase their latest products and solutions within infrastructure, traffic management, parking, safety and smart mobility. It is set to highlight the best practises from the mobility industry with 180 companies on the show floor. Organised by RAI Amsterdam and E.J. Krause Tarsus de Mexico (KTdM), the event stimulates the
    Read More
  • Transport Systems Catapult boss: ‘We can’t build our way out of congestion’
    March 4, 2019
    The UK Transport Systems Catapult’s CEO Paul Campion talks to Colin Sowman about helping companies develop tomorrow’s solutions – and explains why you can never build your way to empty roads The future of mobility is going to be driven by services.” That’s the opening position of Paul Campion, CEO of the Transport Systems Catapult (TSC) – the UK government organisation set up to help boost transport-related employment and the economy. Campion was previously with IBM and describes himself as a ‘techno o
    Read More
  • Mobinet counters weighty cross border concerns
    November 9, 2017
    A Mobinet pilot is combining onboard weighing with V2X comms to streamline vehicle weight enforcement. David Crawford reports. Pan-European, cross-border weigh-in-motion (WIM) for trucks is now a practical possibility, following successful Scandinavian trials within the EU-co-funded Mobinet (Internet of Mobility) programme. New technology is using strain sensors, located on load-bearing components and routinely installed in truck fleet management systems.
    Read More

Highlighted Content