The Rabat Salte Tramway Company (STRS) and the European Investment Bank (EIB) have announced the signing of a loan agreement of 40 million euros, intended to finance the project of extension of the second line of the Rabat Salé tramway.
The loan agreement, which is guaranteed by the Moroccan State, was signed by Mrs. Flavia Palanza, Director of Neighborhood Operations at the European Investment Bank, and Mr. Saïd Zarrou, President and CEO of the Tramway Company of Rabat-Salé (STRS) and General Manager of the Agency for the Development of the Bouregreg Valley.
This financing concerns the extension works of line 2 of the Rabat Salé tramway network, over a length of approximately 7 km including 12 stations spread over 4 stops in Rabat and 8 stops in Salé.
It also includes the co-financing of the acquisition of rolling stock necessary for the future operation of the network, ie 11 double-composition trains.
This project to extend the Tramway network is part of the Rabat-Salé-Témara Urban Transport and Traffic Master Plan, which promotes sustainable, ecological and efficient urban mobility for the benefit of the citizens of the metropolitan area. .
By increasing the attractiveness of the tramway network on line 2, the project anticipates an increase in the number of visitors to the line of around 35%, thereby reducing road traffic by around 10,000 cars per day.
This modal shift is expected to generate savings of around 4,500 tonnes of CO2 per year, helping to make Rabat-Salé a less emitting city of greenhouse gases in line with the commitments of the Kingdom of Morocco in the framework of the Paris on the climate.
The insertion of the project in the heart of the agglomeration will also improve the urban environment, reduce nuisance and provide a high level of service to its users.
It should be noted that the current Rabat Salé Tramway network comprises two lines with a total length of 20 km spread over 31 stations. Since its commissioning, this priority network has registered a total of 197 million passengers and carries more than 110,000 daily passengers.