EBRD loan for Tunis train procurement

The European Bank for Reconstruction and Development (EBRD) provided Tunis’ public transport company (Transtu), a EUR 45 million loan for the procurement of suburban trains, which will replace the city’s 40-year-old rolling stock.

The EBRD funding will be used for the acquisition of 18 new light rail servicing Tunis – Goulette – Marsa line, a historic rail connection linking the centre of the Tunisian capital with the northern suburb of La Marsa. This will enhance the capacity, reliability and safety of the line and increase the quality and frequency of the service.

The improvement of train services is expected to reduce car and minibus traffic and will contribute to lowering carbon emissions by an average of 8,037 tonnes of CO2 per year.

In 2017, EBRD has announced the provision of a EUR 100 million financing for Transtu’s renewal fleet programme which had a total investment of EUR 240.2 million, with EUR 140.2 million coming from the government. For this project, the EIB also provided a EUR 40.2 million loan.


Share on:
Facebooktwitterlinkedinmail

 

RECOMMENDED EVENT: