Home » Business » Infrabel takes out a loan of 1 billion euros for various priority projects

Infrabel takes out a loan of 1 billion euros for various priority projects

The loan forms part of the 16.4 billion euro envelope that was agreed in December 2022 for the ten coming years. Today, Infrabel’s board of directors decided to activate a first tranche of 800 million euros from 2025.

“By exceptionally taking out its own loan, the board of directors takes its responsibility to complete the major infrastructure projects,” says chairman Jan Cornillie. For CEO Benoît Gilson, this decision is a “lever to improve the performance of the rail network for the benefit of our clients, the modal shift and the national economy”.

“The extra billion will allow us to accelerate the emblematic and fundamental projects on our rail network,” confirms Federal Minister of Mobility Georges Gilkinet. “After years of underinvestment and cutbacks, our railway companies are now on an ambitious and, above all, secure financing path for the coming years.”

2023-11-28 20:43:00
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