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Add to Preferred SourcesThe European Investment Bank (EIB) is providing EUR 185m for modernising regional rail in Greater Berlin.
The EU bank loan is guaranteed by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe. The EIB and the European Commission work together as strategic partners on this initiative, with the EU bank using its financing to help make the European economy more competitive.
The EIB is supporting the purchase of an initial 21 six-car “Desiro HC” trains, which are expected to enter service on the RE1 regional express line linking Magdeburg with Cottbus via Berlin and Frankfurt (Oder) by the end of 2022.
EIB Vice-President Ambroise Fayolle, who is responsible for EFSI and operations in Germany, said: “This financing for new trains will give a major boost to the modernisation and development of regional rail in Greater Berlin. At the EU bank, we are convinced that a well-functioning rail network with good connections and offering enhanced comfort for passengers can make a vital contribution to reducing the number of cars on the roads and in this way lower pollution and mitigate climate change.”
The new trains offer a considerable improvement in comfort and have generous space for bicycles, prams and wheelchairs and an accessible toilet in each multi-purpose carriage. They also have wider doors to enable faster boarding and free WiFi for the convenience of passengers.
Original source: EIB
Published on 27 December 2019