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.

For more information on companies in this article

Related Content

  • Austria-Slovenia tunnel project awarded
    August 9, 2018
    Construction of the second tube of the Karawanks Tunnel connecting Austria and Slovenia is now going ahead. The work will be headed by Austrian contractors, ARGE Swietelsky Tunnelbau and Swietelsky Baugesellschaft. The 7.8km-long tunnel route runs under the Alpine Karawanks mountain range. The Austrian motorway operator Asfinag is investing around €168 million into the project, while the European Commission is providing €25 million. The work being carried out will include building new rescue routes as wel
    Read More
  • Financial setbacks beset Slovakia’s highway development
    June 12, 2012
    Slovakian highway company NDS says that construction of the 13km Turany-Hubova highway may not be started in 2012. The previous Transport Ministry plan was to call the tender for this stretch in summer 2012. However, the EC has not yet approved the construction of this highway, with questions surrounding the protected area in the Velka and Mala Fatra mountains. If Slovakia does not get this approval, the country might have to chose the second option, which includes the tunnel Korbelka. The EC's decision is
    Read More
  • Bosnia: more funds for Corridor C5 work
    June 25, 2021
    Bosnia’s national road agency Autoceste FBiHreports reports that 92km of Corridor 5C have been completed.
    Read More
  • Traffic control solution manufacturers win key project works
    September 26, 2013
    Traffic control system manufacturers have recently supplied some of their cutting-edge technology to major projects in Europe. Meanwhile, in southern Asia, another leading firm in the sector is helping reduce chronic traffic congestion in Indonesia’s capital, Jakarta. Guy Woodford reports Solutions supplied by Siemens Mobility & Logistics (M&L) are helping the Rijkswaterstaat improve traffic conditions at the Coentunnel in Amsterdam, one of the most heavily used traffic arteries in the Netherlands, used
    Read More

Highlighted Content