France to invest 100 billion Euros in rail upgrades by 2040
News
February 27, 2023
France to invest 100bn in rail upgrades by 2040
The investment will be mainly used to expand and upgrade the rail network in the country.
France plans to strengthen its rail network through an investment of around 100bn. Credit: Tom from Pixabay.
France is reportedly looking to spend around 100bn by 2040 to improve its rail transport in the country. ... This initiative is mainly aimed at extending and upgrading the rail network besides supporting the governments goal of lowering carbon emissions.
According to France Prime Minister Elisabeth Borne, the funding will help roll out express commuter trains that are analogous to the Paris RER system in major cities.
This rail project will be implemented by the government with investments along with national train operator SNCF, European Union and local governments.
Borne was quoted by Reuters as saying: Lacking access to transportation sometimes means having to give up a job offer, missing out on education, not seeing a loved one.
President Macrons government is also focusing on relaunching some of the countrys night trains for longer journeys.
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