Adif has signed a €350 million loan agreement with the EIB to modernize Spain’s railway infrastructure. The project focuses on enhancing safety, sustainability, and resilience in both high-speed and conventional networks. This was reported by the railway transport news portal Railway Supply.

Adif has signed a €350 million loan agreement with the EIB to modernize Spain’s railway infrastructure.
Credit: Unsplash

Adif and EIB Collaborate to Upgrade Railway Infrastructure

The European Investment Bank (EIB) and Adif AV announced a €350 million loan for railway modernization in Spain. This investment ensures the renovation of key components and communication systems to improve safety and service quality.

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Adif aims to implement sustainable solutions, focusing on resilience against climate challenges. The initiative targets both high-speed and conventional networks, making rail transport more appealing as an eco-friendly alternative.

Adif Boosts Sustainability and Economic Cohesion with New Upgrades

A significant portion of Adif’s investment will enhance connectivity in regions with lower-than-average EU income levels. These upgrades aim to foster economic and territorial cohesion, promoting equitable development across Spain.

Key projects include the installation of anti-fall safety barriers, drainage system improvements, and technical access enhancements for high-speed networks. Conventional networks will benefit from track renewals, upgraded telecommunications, and expanded GSM-R systems.

Source: europeansting.com

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