The multi-year contract, approved by the Board of Directors of SNCF Réseau was signed with the State. Representing the equivalent of a backlog of EUR 46 billion over 10 years, this contract gives visibility on the investment path, both for SNCF Réseau and for the entire railway industry.
They consist of a framework contract setting out the Group’s major strategic orientations and two operational contracts formalizing the strategic plans of SNCF Réseau and SNCF Mobilités, detailing in particular the financial trajectories of these companies.
Thus, over the next 10 years, more than EUR 46 billion will be invested to modernize and renew the network to ensure a high level of security and quality of service, as follows:
– EUR 28 billion will be spent on renewal (or modernisation) of the network, that is EUR 3 billion per year starting 2020.
– EUR 2 billion (with an effort of EUR 300 million per year from 2017 to 2019) will be devoted over 10 years to industrial and technological investments (gear, computers and digital tools, etc.) in order to modernize and rapidly transform the management of the network.
– EUR 4.5 billion will be invested by the State and the Regions in the work of compliance, both for security and for accessibility.
– EUR 12 billion will be invested for the development of regional rail transport within the framework of the State-Region Plan Contracts (CPER).
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