Under a EUR 4.9 billion investment, the European Investment Bank will provide EUR 983 million funding for rail and maritime transport projects, supporting the development of the sustainable transport modes.
According to the bank, the financing will be distributed to upgrade urban and regional railway connections in Denmark, Germany, Italy and Poland, and expanding maritime and rail freight transport capacity on routes across Europe.
In February, the EIB has approved a project for the procurement of new electric trains and related equipment which will serve the rail services between Nürnberg and Würzburg in Germany. BEG, the Bavarian railway operator is the promotor of the project.
In January, EIB signed a EUR 68 million loan supporting EMU procurement in Naples. EUR 220 million is the value of the project which envisages the acquisition of 40 electric trains. They will replace the existing old trains running on the Circumvesuviana network.
In December, the bank has approved a EUR 500 million loan for DSB – Danish State Railways. The loan will fund the procurement of minimum 100 EMUs, a project with an expected value of EUR 1.28 billion.
Also, in December, a EUR 134 million funding was approved for the Czech Republic, for the procurement of 37 new passenger trainsets to serve the railway network of South–Moravia region. EUR 280 million is the value of the project.
At the end of 2019, a EUR 205 million project of Eesti Raudtee (Estonia) was approved, for the renewal and modernisation of the existing railway network, including the modernisation of the tracks, signalling and traffic control systems. EIB has proposed a EUR 95 million financing.
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