Portugal Project Notice - MEDWAY CARGO ROLLING STOCK


Project Notice

PNR 44842
Project Name MEDWAY CARGO ROLLING STOCK
Project Detail Acquisition of 16 electric locomotives and 113 intermodal wagons to provide new rail cargo services in Spain and Portugal. Objectives The project contributes to expanding rail freight transport services, thus enabling a more efficient supply chain in Portugal and Spain and reducing transport costs for import and export goods. The project is therefore expected to increase the competitiveness and regional development of the region and contribute to sustainable growth and employment in Iberia. Additionally, the project is to be considered under the Climate Action (CA) objectives of the Bank, as it fosters a modal shift from road to rail and supports investments in electric rail transport, a zero direct emissions transport technology.
Funded By European Investment Bank (EIB)
Sector Entertainment
Country Portugal , Western Europe
Project Value EUR 93,000,000

Contact Information

Company Name MEDLOG SA
Web Site https://www.eib.org/en/projects/pipelines/all/20200410

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