The European Investment Bank (EIB) has signed two loans with the Municipality of Budapest for urban transport projects.
The EUR 200 million loan will finance the improvement of Budapest’s transport infrastructure, including the reconstruction of metro and suburban railway lines, tram and trolleybus infrastructure, road and bridge rehabilitation and rolling stock-related investments relevant for improving the quality of public transport services.
The second EUR 100 million loan will support improvements in the fields of Budapest’s urban renewal and regeneration, energy efficiency increase and environmental protection.
Both operations form part of the city’s Integrated Urban Development Strategy and are therefore in synergy and will contribute to the balanced and sustainable growth of Budapest.
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