Finland Project Notice - HELSINKI CROWN BRIDGES LIGHT RAIL


Project Notice

PNR 60226
Project Name HELSINKI CROWN BRIDGES LIGHT RAIL
Project Detail The project concerns the construction of the Crown Bridges light rail line in the City of Helsinki, the construction of a new depot and the acquisition of related rolling stock and ancillary works relating to the light rail line. The Crown Bridges light rail will connect the suburbs of Laajasalo, Korkeasaari and Kalasatama to Helsinki city centre. It will also provide a new route for cyclists and pedestrians. Objectives The aim is to support investments in sustainable urban public transport. The new light rail line will provide a direct and segregated link to the city centre, which will reduce air pollution and greenhouse gas emissions (transport externalities) as well as travel times. Sector(s) Transport - Transportation and storage Proposed EIB finance (Approximate amount) EUR 400 million Total cost (Approximate amount) EUR 998 million
Funded By European Investment Bank (EIB)
Sector Entertainment
Country Finland , Western Europe
Project Value EUR 99,800,000

Contact Information

Company Name CITY OF HELSINKI
Web Site https://www.eib.org/en/projects/pipelines/all/20220314

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