European Investment Bank to lend €120mn for Fréjus tunnel

The European Investment Bank (EIB) has signed a financing agreement for a €120mn (US$ 156.2mn) loan designed to improve security conditions within the Fréjus tunnel, connecting France and Italy. The planned installation of a second lane/safety tunnel will to allow traffic to flow one-way on each of the two lanes, with each having a second emergency stop lane. One of the main trans-Alpine transport routes between France and Italy, the Fréjus Road Tunnel runs under Col du Fréjus in the Cottian Alps between Mo
April 12, 2013 Read time: 1 min
The 1054 European Investment Bank (EIB) has signed a financing agreement for a €120mn (US$ 156.2mn) loan designed to improve security conditions within the Fréjus tunnel, connecting France and Italy.

The planned installation of a second lane/safety tunnel will to allow traffic to flow one-way on each of the two lanes, with each having a second emergency stop lane.

One of the main trans-Alpine transport routes between France and Italy, the Fréjus Road Tunnel runs under Col du Fréjus in the Cottian Alps between Modane in France and Bardonecchia in Italy.

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