France to invest €13.4bn in transportation sector from 2018 to 2022
France will invest €13.4bn in transportation sector from 2018 to 2022, more than half of which will be for railways.
On September 11, the French government outlined his infrastructure spending priorities for the decade to 2028. The government’s programme has an initial budget of €13.4bn covering the period to 2022. 5.1 billion euros will be allocated to the renovation and construction of roads. But, the French government is to prioritise investment at key rail hubs outside Paris. 51% of the budget is dedicated to rail spending which is to be focused on the ‘everyday needs of users’.
SNCF Réseau will undertake ‘a massive rolling investment’ in the existing network under an annual budget of €3·6bn for 10 years.
A further €2·6bn is to be spent on enhancing capacity at key hubs to support ‘greater rail use in cities, improved links to medium sized towns and improving transport connectivity in semi-rural areas’. The government has set a target of doubling rail’s modal share ‘for daily journeys in and around the largest urban centres’, reflecting ambitions already outlined by municipal and regional authorities across France.
While its core focus is ‘everyday transport’, the government is not turning its back on ‘major new rail infrastructure projects between cities’.
Further discussions are to be held with the regions to outline the delivery of priority schemes such as the Toulouse – Bordeaux high speed line. The government will also ‘honour its commitments at a European level’ to the planned new line between Lyon and Torino.