EIB and Andalusia regional government sign €150 million loan to finance the extension of Malaga Metro line
Spain, March 12 -- The European Investment Bank (EIB) and the Junta de Andalucia (Andalusia's regional government) have signed a €150 million loan to finance the extension of Malaga Metro line 2 between Guadalmedina and the future station of Hospital Civil de Malaga.The operation will promote the use of public transport over private cars, and will help cut journey times, traffic congestion and atmospheric pollution in the city. The project includes the construction of 1.8 km of underground infrastructure and three new metro stations. Once operational, the extension of the line 2 is expected to make an additional 4.7 million journeys possible across the city's metro network.The operation is in line with the EIB's sustainable transport ...
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