Helsinki has secured €400 million in financing from the European Investment Bank to expand its tram network and support sustainable transport development across key eastern districts. This is reported by the railway transport news portal Railway Supply.

Helsinki has secured €400 million in financing from the European Investment Bank to expand its tram network and support sustainable transport development across key eastern districts.
Source, photo: www.railwaypro.com

The project, known as the Crown Bridges Light Rail, will link the city center to Laajasalo, Korkeasaari, and Kalasatama, significantly improving public transport access and reducing travel times to just 20 minutes.

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EIB Backs Helsinki’s Green Mobility Strategy

The EIB will provide €150 million to the City of Helsinki and €250 million to Metropolitan Area Transport Ltd. This funding will help build a new tram and bus depot, purchase modern trams, and extend cycling and walking paths.

Helsinki will also construct three major bridges as part of this plan. Kruunuvuorensilta, the tallest in Finland, will stretch 1,200 meters with a 135-meter pylon. Merihaansilta and Finkensilta will measure 400 and 300 meters, respectively.

All bridges will feature 3-meter-wide cycle lanes and pedestrian paths up to six meters. These upgrades aim to increase accessibility and promote climate-friendly commuting options in Helsinki.

New Helsinki Depot Will Integrate Tram and Bus Services

The Ruskeasuo depot, Finland’s first combined tram and bus facility, will accommodate up to 80 trams. It will include maintenance zones, a wheel lathe, and space for regional bus services.

The EIB’s investment covers around 40% of the project’s total cost and supports the purchase of new rolling stock to serve the broader Helsinki network.

EIB Vice-President Thomas Östros emphasized the importance of investing in low-emission infrastructure that improves quality of life and reduces pollution in growing urban centers.

This expansion aligns with Helsinki’s vision of greener, faster, and more connected public transportation. It also reflects the EIB’s broader commitment to financing projects that reduce carbon emissions across Europe.

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