Skip to main content

Major transport investment planned b y RATP

French public transport operator Régie Autonome des Transports Parisiens (RATP) is to invest a record US$1.95 billion in 2015 in the Ile-de-France region for network expansion, modernisation and maintenance. This includes investment in extension of RATP-operated networks, replacement, modernisation and increase of rolling stock, modernisation of systems and investment in the railway network, tram and bus networks, and passenger information systems and services. “Thanks to support accorded by STIF, the
January 7, 2015 Read time: 1 min
French public transport operator Régie Autonome des Transports Parisiens (4223 RATP) is to invest a record US$1.95 billion in 2015 in the Ile-de-France region for network expansion, modernisation and maintenance.

This includes investment in extension of RATP-operated networks, replacement, modernisation and increase of rolling stock, modernisation of systems and investment in the railway network, tram and bus networks, and passenger information systems and services.

“Thanks to support accorded by STIF, the Ile-de-France transport authority, in 2015 RATP will pursue its ambitious policy to expand, modernise and improve the service quality of its network, with another record investment. The RATP network operated in the Ile-de-France region currently benefits from a modernisation programme unparalleled since its creation, with an unmatched number of projects that will directly benefit passengers in the Ile-de-France region,” said RATP CEO Pierre Mongin.

For more information on companies in this article

Related Content

  • Peru lines up road, rail concessions for 2015
    November 20, 2014
    Peru plans to award next year infrastructure concessions including rail and road projects. Hydro and thermal power plants and liquefied petroleum gas distribution in the capital are also being lined up, a senior government official has said. Concessions will include the fourth stretch of the Longitudinal de la Sierra highway, which calls for the construction, operation and maintenance of a 640 kilometre stretch of Peru's Longitudinal de la Sierra highway, connecting Huancayo, Izcuchaca, Mayoc and Ayacuch
  • Smart railways market ‘worth US$13.77 billion by 2020’
    January 15, 2016
    According to new market research report by MarketsandMarkets, the smart railway market is predicted to grow from US$5.34 Billion in 2015 to US$13.77 Billion by 2020, at a CAGR of 20.8 per cent over the period. The smart railways concept includes the combination of advanced solutions and services of intelligent transportation with the information and communication technology. It facilitates the smart use of rail assets, from tracks to trains which will enable companies to meet the increasing consumer dema
  • Carbon finance delivers critical support to mass transit schemes
    February 2, 2012
    David Crawford investigates carbon finance in transport. World Bank carbon finance grants are delivering critical support to major mass transit deployments in emerging and developing economies. Only recently operative in the transport sector, the Clean Development Mechanism (CDM, see panel) is designed to generate additional income streams and improve internal rates of return on projects funded from public- and private-sector sources.
  • Madrid plans €215m Metro extension and new BRT
    July 20, 2020
    Spanish capital includes mobility investment in 'reactivation plan'