| Project Detail |
Electrification and rehabilitation of a rail corridor comprising of two lines and about 50 km across the metropolitan area of San Jose de Costa Rica to run tram-train services. The project is a flagship initiative of the Global Gateway Investment Agenda.
Objectives
The EIB operation aims to finance the electrification, rehabilitation, and upgrade of the railway system of the great metropolitan area of San Jose (Costa Rica) as well as the acquisition of new electric trains. The project is a flagship initiative of the Global Gateway Investment Agenda. Co-financing with the Central America Bank of Economic Integration (CABEI) and the Green Climate Fund (GCF), the project will optimise frequencies, electrify and rebuild infrastructure, improve crossings, modernise tracks, signalling, crossing areas or traffic control systems which in turn will improve the quality of life of the population of the metropolitan area with modern, accessible, and safe transportation.
Sector(s)
Transport - Transportation and storage
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
EUR 850 million |
