EIB has Agreed Loans for Madrid Metro Network

The European Investment Bank has signed a €77 million loan agreement to support the expansion of Madrid’s metro network, increasing service coverage by 4.6 km with four new stations on Line 2 and extending Line 11 by 3.2 km with one additional station.

June 30, 2009 10:46 am | Last Update: August 6, 2015 10:49 am

The European Investment Bank has agreed a €77m loan contract to extend the metro network in Spain’s capital Madrid.

Under the programme, Line 2 of the Madrid Metro will be extended by 4.6km and get four new stations, while Line 11 will be extended by 3.2km and get one new station. The project stands to benefit 83,000 passengers.

TAGS: madrid metro daily capasity, madrid metro extension project, madrid metro fund, madrid metro line 11, madrid metro network

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