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Image header Agence Europe
Europe Daily Bulletin No. 8346
Contents Publication in full By article 32 / 38
GENERAL NEWS / (eu) eu/eib

Loan of EUR 138 million for new tramway in Tenerife

Luxembourg, 22/11/2002 (Agence Europe) - In November, the European Investment Bank (EIB) granted the Metropolitano de Tenerife S. A. company a loan of EUR 138 million to fund the new light tram metro in Tenerife. The project forms part of a special territorial plan for the metropolitan region of Tenerife (the promoter for the project is "Cabildo Insualr de Tenerife"). The funding will be used for the construction of 16.7 kilometres of tracks and 33 carriages. The new light railway will...

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