| Project Detail |
The project concerns: (i) the renewal of part of Valencias urban public bus transport fleet, (ii) the construction of related infrastructure, such as onboard IT systems and vending machines, (iii) works in Sant Isidre Depot to improve the quality of services, namely in the workshop as well as the construction of a new vehicle compound/car park. The project falls within the Clean Urban Transport Programme Loan Spain (2018-0060) approved by the Board of Directors on July, 17th 2018, to support both public and private promoters operating under a public service contract responsible for transport of passengers in urban areas in Spanish municipalities.
The renewal and improvement of bus public transport including the deployment of cleaner technology will contribute to reduce pollution and promote low-carbon transport. In addition, the investments will have the capacity to improve the quality of public transport service, helping thus to reduce reliance on private cars and maintain or increase public transport share. The project therefore contributes to sustainable transport and climate change mitigation, in line with the EIBs Transport Lending Policy and the EUs and EIBs objectives on Climate Action. |
