French public transport operator Régie Autonome des Transports Parisiens (4223 RATP) is to invest a record US$1.95 billion in 2015 in the Ile-de-France region for network expansion, modernisation and maintenance.
This includes investment in extension of RATP-operated networks, replacement, modernisation and increase of rolling stock, modernisation of systems and investment in the railway network, tram and bus networks, and passenger information systems and services.
“Thanks to support accorded by STIF, the Ile-de-France transport authority, in 2015 RATP will pursue its ambitious policy to expand, modernise and improve the service quality of its network, with another record investment. The RATP network operated in the Ile-de-France region currently benefits from a modernisation programme unparalleled since its creation, with an unmatched number of projects that will directly benefit passengers in the Ile-de-France region,” said RATP CEO Pierre Mongin.
This includes investment in extension of RATP-operated networks, replacement, modernisation and increase of rolling stock, modernisation of systems and investment in the railway network, tram and bus networks, and passenger information systems and services.
“Thanks to support accorded by STIF, the Ile-de-France transport authority, in 2015 RATP will pursue its ambitious policy to expand, modernise and improve the service quality of its network, with another record investment. The RATP network operated in the Ile-de-France region currently benefits from a modernisation programme unparalleled since its creation, with an unmatched number of projects that will directly benefit passengers in the Ile-de-France region,” said RATP CEO Pierre Mongin.
