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240 million for transport – The Portugal News

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Executive opens notices to finance the new Pink Line of the Porto Metro, the second phase of the Mondego metrobus, the purchase of trams in Lisbon and modernisation of railway lines in the North and Cascais.

According to ECO, the Government announced an investment of 240 million euros for public transport networks in Porto, Coimbra, and Lisbon.

The financing is provided by the Sustainable 2030 Programme, overseen by the Ministry of Environment and Energy and which has a total allocation of around 3.7 billion euros, with the ministry highlighting that “it represents a strong commitment to decarbonisation and modernisation of the public transport sector, in order to offer better services to citizens while reducing emissions associated with urban mobility”.

Porto Metro Pink Line (Casa da Música – São Bento)

  • Value: 96 million euros, with a maximum co-financing rate of 85%
  • Beneficiary entity: Metro do Porto
  • Objective: expansion of the passenger transport network (including acquisition of rolling stock), to complete the 2nd phase of the operation.

Second phase of the Mondego Metrobus

  • Value: 82.1 million euros, with a maximum co-financing rate of 85%
  • Beneficiary entity: Infrastructures of Portugal
  • Objective: to create a public transport connection between Coimbra and the neighboring municipalities (Miranda do Corvo and Lousã), through a metrobus system, which consists of implementing a BRT (Bus Rapid Transit) type service, on a planned route of 43 kms, connecting Serpins, Lousã, and Miranda do Corvo to Coimbra and serving the Coimbra B station and the Hospitals area. Adapts the old railway channel and the urban network of Coimbra for the installation of a BRT solution, with a dedicated channel.

Acquisition of 15 trams in Lisbon

  • Value: 27.5 million euros, with a maximum co-financing rate of 85%
  • Beneficiary entity: Carris
  • Objective: expansion of the tram network both in terms of kilometer length and frequency of service to be offered to current and future public transport users, contributing to the energy transition.

In a statement, the Ministry of the Environment also reports that the notices for the submission of applications, published this Friday, also include financing for the modernisation of the Northern Line – Alfarelos Branch – Verride – Marujal Section, worth 10.7 million euros; and the second phase of modernisation of the Cascais railway line, with 22.9 million euros.



Read More: 240 million for transport – The Portugal News

2024-06-29 15:04:26

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