EIB Funds Paris Tramway Extension Project

07 October 2009 Wednesday, 20:13

The European Investment Bank (EIB) has signed a €500m agreement with Paris in France to finance part of its ongoing T3 tramway extension.
Work involves extending the tramway by 14.5km from Porte d’Ivry to Porte de la Chapelle, including the construction of 26 new stations. The circular tramway is being built to complement the radial underground railway system in a bid to improve the popularity of public transport, reduce car use and contribute to the renewal of outlying roads and districts.

The tramway extension project is the result of a partnership between the City of Paris, the Île de France Region, Syndicat des Transports d’Île de France and Régie Autonome des Transports de Paris.

Two thirds of the project’s cost will be undertaken by the city of Paris and the Paris Department of Transport and the remainder by the city of Paris.

The project started in early 2009 and is expected to finish by the end of 2012.

About railwaynews

Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

Make a Comment...

Your email address will not be published. Required fields are marked *

Wordpress Haber Teması Tasarım ve Programlama: Seçkin Talanöz