| Project Detail |
The project will finance works and installations for the construction of the Malaga Metro Line 2 extension between Guadalmedina and Hospital Civil, in the City of Malaga with a total length of 1.8 kilometres of underground heavy metro. The project includes the construction of 3 new underground stations, while the purchase of rolling stock for the metro operation is excluded from this operation. Objectives The aim is to support investments in sustainable urban public transport, which is expected to reduce transport externalities, such as air pollution and greenhouse gas emissions. The metro line extension will also reduce travel times and road traffic congestion by promoting modal shift from private car users to public transport. In addition, being located within a less developed EU region, the project supports the strengthening of the EUs economic, social and territorial cohesion. Sector(s) Transport - Transportation and storage Proposed EIB finance (Approximate amount) EUR 150 million Total cost (Approximate amount) EUR 310 million |
