Dutch national railroad company Nederlandse Spoorwegen (NS) has obtained a loan of €450m from the European Investment Bank (EIB), which will be used to acquire 79 new InterCity Next Generation trains.

Capable of travelling at a speed of 200 km/h, the new trains will be used on both the traditional rail network and the country’s high-speed rail network.

EIB vice president Vazil Hudak said: “These new trains will be a welcome addition to the already excellent rail transport facilities that Dutch commuters and tourists from all over the world can enjoy on a daily basis.

“The Bank is really proud to continue its relationship with the NS by providing support for the next generation of intercity trains that will soon be in action on the Dutch railway network.”

“These trains will be a welcome addition to the already excellent rail transport facilities that Dutch commuters and tourists from all over the world can enjoy on a daily basis.”

The loan will cover part of the costs for the trains, which will partially substitute existing intercity trains and will have a total seating capacity of 25,000 places.

Design and testing will be carried out until next year, with the new trains expected to come into service in 2021.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Earlier in June, EIB approved an initial €85m loan as part of a total investment of €200m for the modernisation and upgrade in the Madrid metro.

The project, which is supported by the Investment Plan for Europe, aims to carry out station accessibility improvement works and increase line capacity and optimise the network’s energy efficiency.

Passengers will benefit from other investments such as modernised escalators, refurbished ventilation systems in trains and tunnels and upgraded ticket machines.