EIB has Agreed Loans for Madrid Metro Network

30 June 2009 Tuesday, 10:46
Metro underground

The European Investment Bank has agreed a €77m loan contract to extend the metro network in Spain’s capital Madrid.

Under the programme, Line 2 of the Madrid Metro will be extended by 4.6km and get four new stations, while Line 11 will be extended by 3.2km and get one new station. The project stands to benefit 83,000 passengers.

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