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.

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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.

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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.

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