EIB has under appraisal the acquisition of new rolling stock by Angel Trains for deployment on the new East Anglia rail passenger franchise in the United Kingdom. The project includes 665 new Bombardier trains to be supplied to East Anglia Ltd, the train operating company, on a leased basis.
Tha value of the project is EUR 1 billion, of which EIB may provide EUR 433 million.
New trains purchased under this project are to be used to provide services on rail lines that will deliver travel time savings due to better acceleration/deceleration and lower station dwell times, as well as increasing reliability and passenger benefits, significantly increasing capacity (reducing overcrowding) and lowering the carbon footprint of rail travel.
The new trains will improve WIFI-coverage, passenger information system and air-conditioning systems. Consequently, the project would attract more passengers to public transport, thereby improving the overall performance of the transport system in terms of speed, environment and safety.
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