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EIB finances MetroGuagua BRT, Gran Canaria [free access]

February 15, 2017

Las Palmas, Gran Canaria, has received a 20-year loan of EUR50 million from the European Investment Bank (EIB) to develop the 11.7-km bus rapid transit system, locally known as MetroGuagua. The project involves the purchase of 17 electric or hybrid buses, and the construction of three new stations, 17 stops and a traffic control centre. Service is expected to start in 2021.

 

The European Commission is putting Greece on the spot over the return of state subsidies granted to Hellenic Railways Organization (OSE).

 

(1 EUR [Euro] = 1.06 USD)