The European Investment Bank (EIB) and the region of Valencia have signed a €50 million finance contract for Ferrocarrils de la Generalitat Valenciana (FGV), a public company owned by the regional government responsible for operating and managing regional railways, the Valencia metro network and the Alicante tram. The loan is the first tranche of approved financing […]
EIB provides EUR 100 million to Valencia for reconstruction and prevention of storm damage
The agreement will boost both the repair of affected infrastructure and preventive measures to improve the region’s climate resilience It is estimated that the investments will create 1,500 jobs during the implementation phase The European Investment Bank (EIB) will provide EUR 100 million to the Valencia Region for rebuilding infrastructure damaged by the DANA (Isolated […]