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

  • India’s longest road tunnel continues apace with Atlas Copco support
    May 20, 2014
    The challenging construction of India’s largest road tunnel is part of a vital US$500 million project aiming to connect the isolated northern state of Jammu and Kashmir with the rest of the vast and highly populated country. Guy Woodford reports Travelling on National Highway 1A (NH 1A) in northern India should be the dictionary definition of ordeal. The single lane, narrow and winding road crosses some of the steepest, most treacherous terrain on the planet. The arduous route becomes especially difficult t
    Read More
  • Key Russian road construction complete
    December 5, 2016
    Construction work on the Central Section of Russia’s Western High-Speed Diameter (WHSD) in St Petersburg is complete, with some small detail work now being finished off. The WHSD connects the Southern, Central and Northern sections of St Petersburg and will open to traffic at the end of December. VTB Capital was a key participant in funding the construction of the Central Section and is a major shareholder in the consortium that will operate the entire WHSD route.
    Read More
  • Egypt’s road programme is now restarting
    February 20, 2014
    Egypt is developing its road network – local reporting and images by Egypt correspondent Mohammed Elsayed Tantawy. Egypt is now gearing up its road construction activity, with a view to reducing congestion and improving traffic flow. The country’s main highway connecting capital Cairo with the port city of Alexandria has already seen a major widening programme, but other important routes are also now being upgraded and improved. The road development programme started in earnest some years ago but was delaye
    Read More
  • Tender opening for crucial new Bulgarian highway
    November 14, 2012
    The authorities in Bulgaria are in the tender process for the new Sofia-Kalotina highway project. The tender is for a 31.5km section of highway that will connect Bulgarian capital Sofia with Kalotina on the border with Serbia. The deadline for submitting the tender offers is 7th January 2013. Meanwhile in Sofia itself, a €100 million project to improve key roads in the city is now due to commence. Some €50 million of the funding required for the project is being provided in loan form by the European Invest
    Read More

Highlighted Content